Kerry Group plc (OTCMKTS:KRYAY) Short Interest Down 75.6% in May

Kerry Group plc (OTCMKTS:KRYAY - Get Free Report) was the recipient of a large decline in short interest in May. As of May 31st, there was short interest totalling 4,000 shares, a decline of 75.6% from the May 15th total of 16,400 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,000 shares, the short-interest ratio is currently 0.4 days.

Wall Street Analyst Weigh In

Separately, UBS Group cut Kerry Group from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 27th.

Kerry Group Stock Down 0.8%

KRYAY traded down $0.85 on Friday, hitting $111.88. 4,428 shares of the company's stock traded hands, compared to its average volume of 8,102. The company's 50 day simple moving average is $107.33 and its 200-day simple moving average is $102.78. Kerry Group has a one year low of $79.21 and a one year high of $113.38. The company has a quick ratio of 0.98, a current ratio of 1.54 and a debt-to-equity ratio of 0.37.

Kerry Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 19th. Investors of record on Friday, April 11th were paid a dividend of $0.9649 per share. The ex-dividend date of this dividend was Friday, April 11th. This is an increase from Kerry Group's previous dividend of $0.41.

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.