Short Interest in Kerry Group plc (OTCMKTS:KRYAF) Drops By 24.4%

Kerry Group plc (OTCMKTS:KRYAF) was the recipient of a large decline in short interest in August. As of August 15th, there was short interest totaling 198,800 shares, adeclineof24.4% from the July 31st total of 262,900 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,988.0 days. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 1,988.0 days.

Kerry Group Stock Performance

Shares of KRYAF stock remained flat at $103.12 during mid-day trading on Tuesday. Kerry Group has a twelve month low of $89.48 and a twelve month high of $106.00. The company’s 50-day moving average is $103.76 and its two-hundred day moving average is $103.56.

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.