Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) was the recipient of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 9,118 shares, a decrease of 93.3% from the May 14th total of 135,509 shares. Based on an average daily trading volume, of 46 shares, the days-to-cover ratio is presently 198.2 days.
Kerry Group Stock Performance
OTCMKTS KRYAF remained flat at $81.42 on Thursday. The company’s fifty day simple moving average is $80.88 and its 200-day simple moving average is $85.28. Kerry Group has a 12 month low of $75.60 and a 12 month high of $105.32.
Kerry Group Company Profile
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.
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