Kerry Group plc (OTCMKTS:KRYAY) Short Interest Update

Kerry Group plc (OTCMKTS:KRYAY) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totalling 16,400 shares, a drop of 21.5% from the August 15th total of 20,900 shares. Based on an average daily volume of 7,300 shares, the days-to-cover ratio is currently 2.2 days.

Kerry Group Trading Down 1.8 %

KRYAY traded down $1.81 during midday trading on Tuesday, hitting $101.70. 3,537 shares of the company’s stock traded hands, compared to its average volume of 10,914. The stock’s fifty day simple moving average is $95.12 and its 200-day simple moving average is $88.73. Kerry Group has a one year low of $75.13 and a one year high of $105.21. The company has a debt-to-equity ratio of 0.37, a current ratio of 1.66 and a quick ratio of 1.11.

Kerry Group Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Monday, November 18th. Stockholders of record on Friday, October 11th will be issued a dividend of $0.4125 per share. The ex-dividend date is Friday, October 11th.

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.