Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totaling 19,789 shares, an increase of 117.0% from the May 31st total of 9,118 shares. Based on an average daily volume of 1,266 shares, the short-interest ratio is presently 15.6 days.
Kerry Group Stock Performance
Kerry Group stock opened at $93.33 on Tuesday. The business has a 50 day simple moving average of $82.53 and a 200-day simple moving average of $84.73. Kerry Group has a 12 month low of $75.59 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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