Kerry Group plc (OTCMKTS:KRYAY) Short Interest Update

Kerry Group plc (OTCMKTS:KRYAY) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 7,100 shares, a decline of 39.3% from the January 31st total of 11,700 shares. Based on an average daily trading volume, of 12,100 shares, the days-to-cover ratio is presently 0.6 days.

Kerry Group Price Performance

KRYAY traded up $2.82 during trading on Tuesday, reaching $110.27. The company had a trading volume of 7,336 shares, compared to its average volume of 9,216. The firm’s 50-day simple moving average is $100.04 and its 200 day simple moving average is $99.29. The company has a current ratio of 1.54, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37. Kerry Group has a 12-month low of $79.21 and a 12-month high of $110.59.

Analyst Ratings Changes

Separately, Barclays upgraded Kerry Group from a “hold” rating to a “strong-buy” rating in a research report on Monday, November 18th.

Kerry Group Company Profile

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.