Kerry Group plc (OTCMKTS:KRYAY) Short Interest Up 155.6% in December

Kerry Group plc (OTCMKTS:KRYAY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 9,200 shares, an increase of 155.6% from the December 15th total of 3,600 shares. Based on an average trading volume of 15,700 shares, the days-to-cover ratio is currently 0.6 days.

Wall Street Analysts Forecast Growth

Separately, Barclays raised Kerry Group from a “hold” rating to a “strong-buy” rating in a report on Monday, November 18th.

Kerry Group Stock Down 0.2 %

OTCMKTS KRYAY traded down $0.20 during trading hours on Tuesday, reaching $94.00. The company’s stock had a trading volume of 9,171 shares, compared to its average volume of 10,482. The firm’s 50-day moving average price is $95.20 and its 200-day moving average price is $96.02. Kerry Group has a 1 year low of $79.21 and a 1 year high of $105.21.

About Kerry Group

Kerry Group plc, together with its subsidiaries, provides taste and nutrition solutions. The company operates in two segments, Taste & Nutrition, and Dairy Ireland. The Taste & Nutrition segment offers taste and nutrition solutions for the food, beverage, and pharmaceutical markets. The Dairy Ireland segment provides value-add dairy ingredients and consumer products, including functional proteins and nutritional bases.