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

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

Analysts Set New Price Targets

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

Kerry Group Stock Performance

Shares of OTCMKTS:KRYAY traded up $1.84 during trading on Thursday, hitting $105.14. The company’s stock had a trading volume of 5,295 shares, compared to its average volume of 11,328. The company has a 50-day moving average of $96.08 and a 200-day moving average of $97.23. Kerry Group has a 12 month low of $79.21 and a 12 month 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.

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.