Short Interest in Kerry Group PLC (OTCMKTS:KRYAY) Decreases By 53.1%

Kerry Group PLC (OTCMKTS:KRYAY) was the target of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 1,827 shares, a decrease of 53.1% from the January 29th total of 3,892 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 20,022 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 20,022 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Kerry Group Stock Up 0.9%

OTCMKTS:KRYAY traded up $0.75 during mid-day trading on Friday, reaching $88.30. The stock had a trading volume of 822 shares, compared to its average volume of 16,458. The business’s 50 day moving average is $88.42 and its 200 day moving average is $90.30. The company has a current ratio of 1.37, a quick ratio of 0.99 and a debt-to-equity ratio of 0.42. Kerry Group has a fifty-two week low of $83.06 and a fifty-two week high of $113.38.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group started coverage on shares of Kerry Group in a research report on Friday, January 30th. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

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.