Kao Co. (OTCMKTS:KAOOY) Sees Significant Increase in Short Interest

Kao Co. (OTCMKTS:KAOOY) saw a large growth in short interest in June. As of June 30th, there was short interest totalling 14,700 shares, a growth of 512.5% from the June 15th total of 2,400 shares. Based on an average daily trading volume, of 144,600 shares, the days-to-cover ratio is presently 0.1 days.

KAO Stock Up 1.3 %

KAO stock traded up $0.11 during mid-day trading on Friday, reaching $8.45. The company’s stock had a trading volume of 83,839 shares, compared to its average volume of 146,726. The firm’s fifty day moving average price is $8.57 and its two-hundred day moving average price is $8.07. KAO has a 12-month low of $6.78 and a 12-month high of $9.23.

KAO Company Profile

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.