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

Kao Co. (OTCMKTS:KAOOY) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 1,100 shares, a decrease of 99.3% from the December 31st total of 163,700 shares. Based on an average daily volume of 932,200 shares, the short-interest ratio is currently 0.0 days.

KAO Price Performance

OTCMKTS:KAOOY traded up $0.17 during midday trading on Thursday, hitting $8.01. 194,357 shares of the company were exchanged, compared to its average volume of 350,181. KAO has a fifty-two week low of $7.13 and a fifty-two week high of $10.16. The company has a fifty day simple moving average of $8.12 and a 200 day simple moving average of $8.68.

KAO Company Profile

Kao Corporation develops and sells hygiene and living care, health and beauty care, life care business, cosmetics, and chemical products. The Hygiene and Living Care Business segment offers fabric, kitchen, home, sanitary, and pet care products. The Health and Beauty Care Business segment provides facial, body, hair, and oral care, hair styling and color, Salon, In-bathroom health care, and warming products.