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

Kerry Group plc (OTCMKTS:KRYAF) was the recipient of a significant growth in short interest in the month of August. As of August 14th, there was short interest totaling 9,142 shares, a growth of 101.3% from the July 30th total of 4,542 shares. Based on an average daily trading 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 midday trading on Friday, hitting $97.49. 200 shares of the stock traded hands, compared to its average volume of 805. The business’s 50 day moving average price is $93.86 and its two-hundred day moving average price is $86.44. Kerry Group has a 1-year low of $75.59 and a 1-year high of $98.00.

About Kerry Group

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.