Kao Co. (OTCMKTS:KAOOY – Get Free Report) was the recipient of a large 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 currently 0.2 days.
KAO Trading Down 0.1%
OTCMKTS KAOOY traded down $0.01 during trading hours on Thursday, reaching $6.72. 29,015 shares of the company’s stock traded hands, compared to its average volume of 251,875. KAO has a 52-week low of $5.46 and a 52-week high of $8.08. The firm has a 50-day simple moving average of $7.34 and a 200 day simple moving average of $7.71.
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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