Kesko Oyj (OTCMKTS:KKOYY) Short Interest Down 17.2% in February

Kesko Oyj (OTCMKTS:KKOYY) saw a large decrease in short interest in the month of February. As of February 15th, there was short interest totalling 2,400 shares, a decrease of 17.2% from the January 31st total of 2,900 shares. Based on an average daily trading volume, of 6,800 shares, the short-interest ratio is presently 0.4 days.

Kesko Oyj Stock Up 5.7 %

OTCMKTS KKOYY traded up $0.55 on Wednesday, hitting $10.13. 8,101 shares of the stock were exchanged, compared to its average volume of 6,327. Kesko Oyj has a 52-week low of $8.40 and a 52-week high of $10.89. The stock has a fifty day moving average price of $9.30 and a two-hundred day moving average price of $9.82.

Kesko Oyj Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, February 5th. Investors of record on Tuesday, January 14th were paid a dividend of $0.1311 per share. The ex-dividend date was Tuesday, January 14th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 5.17%. Kesko Oyj’s dividend payout ratio is presently 56.00%.

Kesko Oyj Company Profile

Kesko Oyj engages in chain operations in Finland, Sweden, Norway, Estonia, Latvia, Lithuania, and Poland. The company operates through Grocery Trade, Building and Technical Trade, and Car Trade divisions. The Grocery Trade segment comprises wholesale and B2B trade of groceries, and retail of home and specialty goods under the K-retailer brand; and operates store retail chains under the K-Citymarket, K-Supermarket, K-Market, and Neste K grocery brand.