Kerry Group plc (OTCMKTS:KRYAY) Short Interest Update

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

Analysts Set New Price Targets

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

Kerry Group Price Performance

Shares of KRYAY traded down $0.89 during trading hours on Wednesday, hitting $103.30. The stock had a trading volume of 5,581 shares, compared to its average volume of 11,621. Kerry Group has a 12 month low of $79.21 and a 12 month high of $105.21. The stock has a fifty day moving average price of $95.85 and a 200 day moving average price of $97.18. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.54.

Kerry Group Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.