Kerry Group plc (OTCMKTS:KRYAY) Short Interest Down 13.3% in January

Kerry Group plc (OTCMKTS:KRYAY) saw a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 11,700 shares, a drop of 13.3% from the January 15th total of 13,500 shares. Based on an average daily trading volume, of 21,700 shares, the short-interest ratio is presently 0.5 days.

Kerry Group Stock Performance

Shares of Kerry Group stock traded up $0.06 during trading on Friday, hitting $103.69. The stock had a trading volume of 5,777 shares, compared to its average volume of 9,732. Kerry Group has a 12 month low of $79.21 and a 12 month high of $105.21. The business’s 50-day moving average is $98.14 and its 200 day moving average is $98.59. The company has a current ratio of 1.54, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37.

Analyst Upgrades and Downgrades

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

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.