Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 19,789 shares, a growth of 117.0% from the May 31st total of 9,118 shares. Based on an average trading volume of 1,266 shares, the days-to-cover ratio is presently 15.6 days.
Kerry Group Stock Performance
OTCMKTS KRYAF opened at $93.33 on Tuesday. The stock’s 50 day simple moving average is $82.53 and its 200-day simple moving average is $84.73. Kerry Group has a 1-year low of $75.59 and a 1-year high of $105.32.
Kerry Group Company Profile
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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