Short Interest in Kerry Group plc (OTCMKTS:KRYAY) Declines By 86.0%

Kerry Group plc (OTCMKTS:KRYAY) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a decline of 86.0% from the February 28th total of 8,600 shares. Based on an average daily trading volume, of 13,400 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are short sold.

Kerry Group Stock Performance

KRYAY stock traded up $2.46 on Wednesday, reaching $103.16. The company’s stock had a trading volume of 3,969 shares, compared to its average volume of 8,061. Kerry Group has a 52 week low of $79.21 and a 52 week 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 has a fifty day moving average of $103.00 and a two-hundred day moving average of $99.85.

Kerry Group Increases Dividend

The firm also recently declared a dividend, which will be paid on Monday, May 19th. Stockholders of record on Friday, April 11th will be issued a dividend of $0.9649 per share. This is a positive change from Kerry Group’s previous dividend of $0.41. The ex-dividend date is Friday, April 11th.

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.