Kesko Oyj (OTCMKTS:KKOYY – Get Free Report) was the recipient of a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a drop of 99.7% from the October 15th total of 57,700 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 0.1 days.
Kesko Oyj Stock Performance
KKOYY stock opened at $10.32 on Thursday. Kesko Oyj has a fifty-two week low of $8.40 and a fifty-two week high of $10.89. The business has a 50 day moving average price of $10.25 and a 200 day moving average price of $9.51.
Kesko Oyj Increases Dividend
The business also recently declared a dividend, which was paid on Wednesday, November 6th. Investors of record on Tuesday, October 15th were given a $0.1435 dividend. The ex-dividend date was Tuesday, October 15th. This is a boost from Kesko Oyj’s previous dividend of $0.13. Kesko Oyj’s payout ratio is 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.
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