Kerry Group PLC (OTCMKTS:KRYAY) Short Interest Update

Kerry Group PLC (OTCMKTS:KRYAY) was the recipient of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 11,376 shares, a growth of 124.7% from the June 15th total of 5,062 shares. Based on an average daily trading volume, of 24,013 shares, the short-interest ratio is presently 0.5 days. Approximately 0.0% of the company’s shares are short sold.

Analysts Set New Price Targets

Separately, Citigroup reissued a “neutral” rating on shares of Kerry Group in a report on Wednesday, July 1st. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy”.

Kerry Group Price Performance

Shares of OTCMKTS:KRYAY traded up $0.90 during midday trading on Thursday, reaching $95.93. The company had a trading volume of 3,508 shares, compared to its average volume of 32,022. The company has a fifty day simple moving average of $88.50 and a two-hundred day simple moving average of $85.54. Kerry Group has a 1-year low of $74.48 and a 1-year high of $106.02. 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 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.