Kerry Group plc (OTCMKTS:KRYAY) Short Interest Update

Kerry Group plc (OTCMKTS:KRYAY - Get Free Report) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totalling 16,400 shares, a growth of 5,366.7% from the April 30th total of 300 shares. Based on an average trading volume of 28,400 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.0% of the shares of the company are short sold.

Analyst Upgrades and Downgrades

Separately, UBS Group lowered shares of Kerry Group from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, May 27th.

Kerry Group Stock Down 1.3%

OTCMKTS:KRYAY traded down $1.49 during mid-day trading on Monday, hitting $109.73. 4,448 shares of the stock were exchanged, compared to its average volume of 8,348. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.98 and a current ratio of 1.54. The firm's 50-day simple moving average is $106.02 and its 200 day simple moving average is $101.56. Kerry Group has a fifty-two week low of $79.21 and a fifty-two week high of $112.86.

Kerry Group Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, May 19th. Stockholders of record on Friday, April 11th were given a $0.9649 dividend. The ex-dividend date of this dividend was Friday, April 11th. This is a boost 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.