Short Interest in Kerry Group plc (OTCMKTS:KRYAY) Rises By 5,366.7%

Kerry Group plc (OTCMKTS:KRYAY - Get Free Report) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 16,400 shares, an increase 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 sold short.

Kerry Group Stock Performance

KRYAY traded down $0.04 during midday trading on Friday, reaching $110.04. The company had a trading volume of 5,110 shares, compared to its average volume of 8,378. The business has a 50-day moving average of $106.02 and a two-hundred day moving average of $101.48. 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 has a 1 year low of $79.21 and a 1 year high of $112.86.

Kerry Group Increases Dividend

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

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.

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.