Short Interest in Kerry Group plc (OTCMKTS:KRYAY) Grows By 155.6%

Kerry Group plc (OTCMKTS:KRYAY) saw a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 9,200 shares, a growth of 155.6% from the December 31st total of 3,600 shares. Based on an average daily trading volume, of 15,700 shares, the days-to-cover ratio is presently 0.6 days.

Kerry Group Stock Performance

KRYAY traded up $1.84 during trading hours on Thursday, reaching $105.14. 5,295 shares of the stock traded hands, compared to its average volume of 11,328. Kerry Group has a fifty-two week low of $79.21 and a fifty-two week high of $105.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.54 and a quick ratio of 0.98. The firm’s fifty day simple moving average is $96.08 and its two-hundred day simple moving average is $97.23.

Analyst Upgrades and Downgrades

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

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.