Kerry Group PLC (OTCMKTS:KRYAY) Short Interest Down 52.4% in June

Kerry Group PLC (OTCMKTS:KRYAY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 5,062 shares, a drop of 52.4% from the May 31st total of 10,631 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 49,655 shares, the short-interest ratio is presently 0.1 days.

Kerry Group Price Performance

Shares of OTCMKTS KRYAY opened at $93.15 on Thursday. The company has a 50-day moving average price of $85.65 and a 200-day moving average price of $85.14. Kerry Group has a 1 year low of $74.48 and a 1 year high of $111.47. The company has a current ratio of 1.68, a quick ratio of 1.10 and a debt-to-equity ratio of 0.42.

Analysts Set New Price Targets

Separately, Citigroup reiterated a “neutral” rating on shares of Kerry Group in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the company has an average 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.