Kerry Group plc (OTCMKTS:KRYAF) Short Interest Up 101.3% in August

Kerry Group plc (OTCMKTS:KRYAF) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 9,142 shares, a growth of 101.3% from the July 30th total of 4,542 shares. Based on an average trading volume of 242 shares, the days-to-cover ratio is currently 37.8 days.

Kerry Group Stock Down 0.4%

Kerry Group stock traded down $0.39 during trading on Friday, reaching $97.49. 200 shares of the company’s stock were exchanged, compared to its average volume of 805. Kerry Group has a 52-week low of $75.59 and a 52-week high of $98.00. The company’s 50-day moving average is $93.86 and its two-hundred day moving average is $86.44.

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.