Kerry Group plc (OTCMKTS:KRYAF) Sees Significant Increase in Short Interest

Kerry Group plc (OTCMKTS:KRYAF) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 95,000 shares, a growth of 169.1% from the October 15th total of 35,300 shares. Based on an average trading volume of 300 shares, the days-to-cover ratio is presently 316.7 days.

Kerry Group Stock Performance

OTCMKTS:KRYAF remained flat at $101.77 during mid-day trading on Friday. The company’s stock had a trading volume of 26 shares, compared to its average volume of 3,314. The company has a 50 day moving average of $100.44 and a two-hundred day moving average of $91.96. Kerry Group has a twelve month low of $76.09 and a twelve month high of $102.93.

About Kerry Group

Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases.