Kao Co. (OTCMKTS:KAOOY – Get Free Report) was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 152,434 shares, a decrease of 52.6% from the April 30th total of 321,522 shares. Based on an average daily volume of 474,071 shares, the days-to-cover ratio is presently 0.3 days.
KAO Price Performance
Shares of KAOOY stock traded down $0.11 during trading hours on Tuesday, reaching $7.45. The company’s stock had a trading volume of 318,902 shares, compared to its average volume of 205,669. KAO has a one year low of $7.14 and a one year high of $9.80. The firm’s fifty day simple moving average is $7.55 and its 200 day simple moving average is $7.91.
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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