Kerry Group PLC (OTCMKTS:KRYAY) Short Interest Update

Kerry Group PLC (OTCMKTS:KRYAY) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 39,901 shares, an increase of 2,704.0% from the March 31st total of 1,423 shares. Based on an average daily trading volume, of 47,846 shares, the days-to-cover ratio is currently 0.8 days. Approximately 0.0% of the shares of the company are sold short.

Analyst Ratings Changes

Separately, The Goldman Sachs Group assumed coverage on Kerry Group in a report on Friday, January 30th. They set a “buy” rating on the stock. Three analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy”.

Kerry Group Price Performance

KRYAY opened at $78.79 on Friday. Kerry Group has a 52-week low of $74.48 and a 52-week high of $113.38. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.68 and a quick ratio of 1.10. The business’s fifty day moving average is $80.76 and its 200-day moving average is $86.79.

Kerry Group Company Profile

Kerry Group (OTCMKTS:KRYAY) is a global leader in taste and nutrition solutions for the food, beverage and pharmaceutical industries. The company develops, manufactures and supplies a broad portfolio of ingredients, flavors and integrated solutions designed to enhance taste, improve health and simplify production processes. Kerry’s offerings span across dairy-based ingredients, flavors, texturizers, enzymes, probiotics and nutritional premixes, serving both industrial customers and consumer food brands.

Through its Taste & Nutrition division, Kerry provides customized flavor systems, savory and sweet taste platforms, and nutritional ingredients for applications such as snacks, bakery, dairy, beverages and meat alternatives.