Kerry Logistics Network Limited (OTCMKTS:KRRYF) Short Interest Update

Kerry Logistics Network Limited (OTCMKTS:KRRYF) was the recipient of a significant decline in short interest during the month of January. As of January 15th, there was short interest totaling 3,445 shares, a decline of 46.1% from the December 31st total of 6,388 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is presently ∞ days.

Kerry Logistics Network Price Performance

Shares of OTCMKTS KRRYF remained flat at $1.08 during midday trading on Friday. Kerry Logistics Network has a one year low of $0.91 and a one year high of $1.08. The business’s 50-day simple moving average is $1.08 and its two-hundred day simple moving average is $1.07.

About Kerry Logistics Network

Kerry Logistics Network Limited, traded on OTC Markets under the symbol KRRYF and listed on the Hong Kong Stock Exchange, is a global logistics and supply chain management company headquartered in Hong Kong. The firm offers a comprehensive range of services including international freight forwarding by air, sea and road; express courier services; contract logistics; warehousing and distribution; and e-commerce solutions. It also provides specialized services such as temperature-controlled logistics for pharmaceuticals and perishable goods, project logistics, and customs brokerage.

Founded in 2004 as part of the Kerry Group conglomerate, Kerry Logistics has grown rapidly through organic expansion and strategic acquisitions.