Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) was the target of a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 4,542 shares, a decrease of 52.5% from the July 15th total of 9,565 shares. Based on an average daily volume of 44 shares, the short-interest ratio is presently 103.2 days.
Kerry Group Stock Performance
Shares of OTCMKTS:KRYAF remained flat at $94.25 during trading on Monday. The stock had a trading volume of 70 shares, compared to its average volume of 770. The company has a 50 day moving average of $90.87 and a two-hundred day moving average of $85.93. Kerry Group has a 12-month low of $75.59 and a 12-month high of $96.00.
About Kerry Group
Kerry Group is a global food ingredients and flavors company that develops, manufactures and supplies taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company operates through two main divisions: Taste & Nutrition, which provides flavors, specialty ingredients and integrated systems to food and drink manufacturers, and Consumer Foods, which offers branded cheese, meats and convenience foods in selected markets. Its product portfolio spans savory and sweet taste systems, dairy and plant-based ingredients, culinary seasonings, bakery and beverage solutions.
Since its founding in 1972 by a group of dairy farmers in County Kerry, Ireland, Kerry Group has grown into one of the world’s leading providers of food ingredients.
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