Kerry Logistics Network Limited (OTCMKTS:KRRYF) Sees Large Decrease in Short Interest

Kerry Logistics Network Limited (OTCMKTS:KRRYF) saw a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 6,388 shares, a decrease of 52.5% from the December 15th total of 13,445 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Kerry Logistics Network Stock Performance

OTCMKTS KRRYF remained flat at $1.08 during trading on Thursday. Kerry Logistics Network has a 52-week low of $0.91 and a 52-week high of $1.08. The business has a fifty day moving average of $1.08 and a 200-day moving average of $1.06.

Kerry Logistics Network Company Profile

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.