Short Interest in Kerry Group plc (OTCMKTS:KRYAF) Declines By 19.6%

Kerry Group plc (OTCMKTS:KRYAF) was the target of a large drop in short interest in the month of December. As of December 15th, there was short interest totalling 142,300 shares, a drop of 19.6% from the November 30th total of 176,900 shares. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is presently 355.8 days.

Kerry Group Stock Performance

Kerry Group stock remained flat at $94.27 during midday trading on Tuesday. Kerry Group has a fifty-two week low of $77.55 and a fifty-two week high of $102.93. The business has a fifty day simple moving average of $95.06 and a two-hundred day simple moving average of $93.74.

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.