Kerry Group PLC (OTCMKTS:KRYAY) Short Interest Update

Kerry Group PLC (OTCMKTS:KRYAY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 37,956 shares, a growth of 265.3% from the April 30th total of 10,391 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 298,530 shares, the short-interest ratio is currently 0.1 days.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group started coverage on shares of Kerry Group in a research note on Friday, January 30th. They set a “buy” rating for the company. Three equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy”.

Kerry Group Trading Down 0.4%

KRYAY stock traded down $0.30 during trading on Friday, hitting $85.66. The company had a trading volume of 15,584 shares, compared to its average volume of 101,991. The business has a 50 day moving average of $81.49 and a 200 day moving average of $85.72. Kerry Group has a fifty-two week low of $74.48 and a fifty-two week high of $113.38. The company has a debt-to-equity ratio of 0.42, a quick ratio of 1.10 and a current ratio of 1.68.

Kerry Group Company Profile

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.