Short Interest in Kerry Group plc (OTCMKTS:KRYAF) Decreases By 53.3%

Kerry Group plc (OTCMKTS:KRYAF) was the target of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 9,565 shares, a decrease of 53.3% from the June 30th total of 20,480 shares. Based on an average trading volume of 498 shares, the short-interest ratio is currently 19.2 days.

Kerry Group Price Performance

Shares of KRYAF stock remained flat at $94.04 during trading on Wednesday. Kerry Group has a 12 month low of $75.59 and a 12 month high of $103.12. The stock has a 50 day moving average of $88.40 and a 200 day moving average of $85.68.

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.