Kerry Group plc (OTCMKTS:KRYAF) Short Interest Down 53.3% in July

Kerry Group plc (OTCMKTS:KRYAF) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 9,565 shares, a decline of 53.3% from the June 30th total of 20,480 shares. Based on an average daily trading volume, of 498 shares, the short-interest ratio is presently 19.2 days.

Kerry Group Stock Performance

Shares of OTCMKTS KRYAF remained flat at $94.04 during midday trading on Tuesday. The stock’s 50-day moving average is $88.24 and its 200-day moving average is $85.66. Kerry Group has a one year low of $75.59 and a one year high of $103.12.

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.