Kao Co. (OTCMKTS:KAOOY) Short Interest Up 76.0% in December

Kao Co. (OTCMKTS:KAOOY) saw a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 163,700 shares, an increase of 76.0% from the December 15th total of 93,000 shares. Based on an average trading volume of 215,000 shares, the days-to-cover ratio is currently 0.8 days.

KAO Trading Down 0.9 %

Shares of OTCMKTS:KAOOY opened at $7.41 on Friday. The firm’s 50 day moving average price is $8.22 and its 200-day moving average price is $8.72. KAO has a twelve month low of $7.13 and a twelve month high of $10.16.

About KAO

Kao Corporation develops and sells hygiene and living care, health and beauty care, life care business, cosmetics, and chemical products. The Hygiene and Living Care Business segment offers fabric, kitchen, home, sanitary, and pet care products. The Health and Beauty Care Business segment provides facial, body, hair, and oral care, hair styling and color, Salon, In-bathroom health care, and warming products.