Kerry Group PLC (OTCMKTS:KRYAY) Sees Significant Decline in Short Interest

by · The Markets Daily

Kerry Group PLC (OTCMKTS:KRYAY – Get Free Report) saw a significant drop in short interest in June. As of June 15th, there was short interest totaling 5,062 shares, a drop of 52.4% from the May 31st total of 10,631 shares. Based on an average daily trading volume, of 49,655 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Kerry Group Price Performance

Shares of Kerry Group stock traded down $0.56 during trading on Tuesday, reaching $91.95. The company’s stock had a trading volume of 11,410 shares, compared to its average volume of 33,889. The company has a current ratio of 1.68, a quick ratio of 1.10 and a debt-to-equity ratio of 0.42. The business’s 50-day moving average price is $85.19 and its 200-day moving average price is $85.08. Kerry Group has a 52 week low of $74.48 and a 52 week high of $111.47.

About Kerry Group

(Get Free Report)

Kerry Group (OTCMKTS:KRYAY) is a global leader in taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company develops, manufactures and supplies a broad portfolio of ingredients, flavors and integrated solutions designed to enhance taste, improve health and simplify production processes. Kerry’s offerings span across dairy-based ingredients, flavors, texturizers, enzymes, probiotics and nutritional premixes, serving both industrial customers and consumer food brands.

Through its Taste & Nutrition division, Kerry provides customized flavor systems, savory and sweet taste platforms, and nutritional ingredients for applications such as snacks, bakery, dairy, beverages and meat alternatives.

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