Short Interest in Kerry Group PLC (OTCMKTS:KRYAY) Grows By 48.4%

Kerry Group PLC (OTCMKTS:KRYAY) saw a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 3,892 shares, a growth of 48.4% from the January 15th total of 2,622 shares. Based on an average trading volume of 43,230 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 43,230 shares, the days-to-cover ratio is currently 0.1 days.

Analyst Ratings Changes

Separately, The Goldman Sachs Group initiated coverage on Kerry Group in a research note on Friday, January 30th. They issued a “buy” rating for the company. Three analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, Kerry Group presently has an average rating of “Moderate Buy”.

Kerry Group Stock Up 0.4%

OTCMKTS KRYAY opened at $92.64 on Friday. The company has a quick ratio of 0.99, a current ratio of 1.37 and a debt-to-equity ratio of 0.42. The stock’s 50 day moving average is $88.76 and its two-hundred day moving average is $90.68. Kerry Group has a 1-year low of $84.45 and a 1-year high of $113.38.

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.