Short Interest in Kerry Logistics Network Limited (OTCMKTS:KRRYF) Drops By 92.2%

Kerry Logistics Network Limited (OTCMKTS:KRRYFGet Free Report) saw a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 11,000 shares, a decline of 92.2% from the April 15th total of 140,500 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ? days.

Kerry Logistics Network Stock Performance

Kerry Logistics Network stock remained flat at $1.08 during mid-day trading on Tuesday. The business has a fifty day moving average of $1.08 and a two-hundred day moving average of $1.08. Kerry Logistics Network has a twelve month low of $0.91 and a twelve month high of $1.08.

About Kerry Logistics Network

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Kerry Logistics Network Limited, traded on OTC Markets under the symbol KRRYF and listed on the Hong Kong Stock Exchange, is a global logistics and supply chain management company headquartered in Hong Kong. The firm offers a comprehensive range of services including international freight forwarding by air, sea and road; express courier services; contract logistics; warehousing and distribution; and e-commerce solutions. It also provides specialized services such as temperature-controlled logistics for pharmaceuticals and perishable goods, project logistics, and customs brokerage.

Founded in 2004 as part of the Kerry Group conglomerate, Kerry Logistics has grown rapidly through organic expansion and strategic acquisitions.

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