Kerry Group plc (OTCMKTS:KRYAY) Short Interest Update

Kerry Group plc (OTCMKTS:KRYAY) was the recipient of a large decline in short interest in the month of August. As of August 31st, there was short interest totalling 16,400 shares, a decline of 21.5% from the August 15th total of 20,900 shares. Based on an average daily trading volume, of 7,300 shares, the days-to-cover ratio is currently 2.2 days.

Kerry Group Stock Performance

Shares of KRYAY stock traded down $1.82 during mid-day trading on Tuesday, reaching $101.70. The company’s stock had a trading volume of 3,487 shares, compared to its average volume of 10,914. The firm’s 50-day moving average is $94.75 and its two-hundred day moving average is $88.64. Kerry Group has a 1-year low of $75.13 and a 1-year high of $105.21. The company has a current ratio of 1.66, a quick ratio of 1.11 and a debt-to-equity ratio of 0.37.

Kerry Group Cuts Dividend

The firm also recently declared a dividend, which will be paid on Monday, November 18th. Investors of record on Friday, October 11th will be given a $0.4125 dividend. The ex-dividend date is Friday, October 11th.

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.