Kao Co. (OTCMKTS:KAOOY – Get Free Report) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 264,699 shares, a growth of 143.4% from the June 30th total of 108,764 shares. Based on an average daily volume of 374,804 shares, the days-to-cover ratio is currently 0.7 days.
KAO Price Performance
Shares of KAOOY opened at $6.92 on Thursday. KAO has a 1-year low of $5.46 and a 1-year high of $8.07. The firm has a 50 day simple moving average of $7.18 and a 200-day simple moving average of $7.62.
KAO Company Profile
Founded in 1887 with its roots in soap manufacturing, KAO Corporation has evolved into a global consumer goods and specialty chemicals company headquartered in Tokyo. The company develops, manufactures and markets a broad portfolio of products spanning personal care, skin care, hair care, cosmetics, toiletries and fabric and home care. Well-known brands include Bioré in facial cleansing, Jergens in body lotions, John Frieda in hair care and Attack in laundry detergents.
In addition to consumer products, KAO operates a chemicals division that develops functional materials and specialty chemicals for industrial customers.
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