Short Interest in Kerry Group plc (OTCMKTS:KRYAY) Expands By 21.1%

Kerry Group plc (OTCMKTS:KRYAY) saw a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 8,600 shares, an increase of 21.1% from the February 13th total of 7,100 shares. Based on an average daily volume of 17,700 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are short sold.

Kerry Group Stock Performance

Shares of Kerry Group stock traded up $0.94 on Tuesday, hitting $105.37. 3,032 shares of the company traded hands, compared to its average volume of 8,715. Kerry Group has a 12-month low of $79.21 and a 12-month high of $110.59. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.54. The firm’s 50-day simple moving average is $101.84 and its 200 day simple moving average is $99.73.

Analyst Ratings Changes

Separately, Barclays raised shares of Kerry Group from a “hold” rating to a “strong-buy” rating in a research note on Monday, November 18th.

Kerry Group Company Profile

Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases.