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

Kao Co. (OTCMKTS:KAOOY) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 93,000 shares, an increase of 18,500.0% from the November 30th total of 500 shares. Based on an average trading volume of 303,800 shares, the days-to-cover ratio is currently 0.3 days.

KAO Price Performance

Shares of KAOOY traded down $0.08 during trading hours on Thursday, reaching $8.15. 46,944 shares of the company traded hands, compared to its average volume of 121,320. KAO has a 12-month low of $7.13 and a 12-month high of $10.16. The business has a fifty day moving average price of $8.52 and a 200-day moving average price of $8.78.

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.