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

Kao Co. (OTCMKTS:KAOOY) was the recipient of a significant decrease in short interest in the month of June. As of June 30th, there was short interest totaling 108,764 shares, a decrease of 46.4% from the June 15th total of 202,996 shares. Based on an average trading volume of 630,356 shares, the short-interest ratio is presently 0.2 days.

KAO Price Performance

Shares of OTCMKTS KAOOY opened at $6.74 on Wednesday. The business has a fifty day moving average of $7.36 and a two-hundred day moving average of $7.72. KAO has a 52-week low of $5.46 and a 52-week high of $8.08.

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.