Kerry Group plc (OTCMKTS:KRYAF) Short Interest Up 101.3% in August

Kerry Group plc (OTCMKTS:KRYAF) saw a large increase in short interest in August. As of August 14th, there was short interest totaling 9,142 shares, an increase of 101.3% from the July 30th total of 4,542 shares. Based on an average daily volume of 242 shares, the short-interest ratio is currently 37.8 days.

Kerry Group Stock Performance

Shares of KRYAF traded down $0.39 during mid-day trading on Friday, hitting $97.49. The company’s stock had a trading volume of 200 shares, compared to its average volume of 805. The firm has a 50-day moving average price of $93.86 and a 200 day moving average price of $86.44. Kerry Group has a fifty-two week low of $75.59 and a fifty-two week high of $98.00.

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.