Short Interest in Kerry Group PLC (OTCMKTS:KRYAY) Drops By 72.0%
by Tristan Rich · The Markets DailyKerry Group PLC (OTCMKTS:KRYAY – Get Free Report) saw a significant drop in short interest during the month of May. As of May 29th, there was short interest totaling 10,631 shares, a drop of 72.0% from the May 14th total of 37,956 shares. Based on an average daily trading volume, of 44,960 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.
Kerry Group Price Performance
Shares of Kerry Group stock traded down $1.27 during trading on Thursday, hitting $87.35. 27,853 shares of the company’s stock traded hands, compared to its average volume of 36,117. The company has a current ratio of 1.68, a quick ratio of 1.10 and a debt-to-equity ratio of 0.42. Kerry Group has a 1 year low of $74.48 and a 1 year high of $113.38. The business has a 50-day simple moving average of $82.83 and a 200-day simple moving average of $85.32.
About Kerry Group
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.