Kerry Group plc (OTCMKTS:KRYAF – Get Free Report) saw a large drop in short interest in July. As of July 15th, there was short interest totaling 9,565 shares, a drop of 53.3% from the June 30th total of 20,480 shares. Based on an average trading volume of 498 shares, the days-to-cover ratio is presently 19.2 days.
Kerry Group Price Performance
OTCMKTS KRYAF remained flat at $94.04 during trading hours on Tuesday. Kerry Group has a 12-month low of $75.59 and a 12-month high of $103.12. The firm has a 50 day moving average price of $88.24 and a two-hundred day moving average price of $85.66.
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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