Short Interest in Kesko Oyj (OTCMKTS:KKOYY) Grows By 3,866.7%

Kesko Oyj (OTCMKTS:KKOYY) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totaling 35,700 shares, a growth of 3,866.7% from the September 30th total of 900 shares. Based on an average daily volume of 107,800 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 107,800 shares, the short-interest ratio is presently 0.3 days.

Kesko Oyj Stock Down 0.3%

Shares of KKOYY stock opened at $11.12 on Tuesday. Kesko Oyj has a one year low of $8.71 and a one year high of $12.74. The company has a 50 day moving average price of $10.92 and a 200 day moving average price of $11.40.

Kesko Oyj Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Wednesday, October 15th will be paid a dividend of $0.0605 per share. This is an increase from Kesko Oyj’s previous dividend of $0.06. This represents a yield of 221.0%. The ex-dividend date is Tuesday, October 14th. Kesko Oyj’s payout ratio is presently 56.00%.

About Kesko Oyj

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.