Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) was the recipient of a significant decline in short interest in May. As of May 29th, there was short interest totaling 9,118 shares, a decline of 93.3% from the May 14th total of 135,509 shares. Based on an average daily trading volume, of 46 shares, the short-interest ratio is currently 198.2 days.
Kerry Group Stock Performance
KRYAF stock remained flat at $81.42 during trading on Tuesday. 50 shares of the company were exchanged, compared to its average volume of 775. Kerry Group has a 52-week low of $75.60 and a 52-week high of $105.32. The firm’s 50-day moving average is $80.67 and its 200 day moving average is $85.45.
About Kerry Group
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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