Kerry Group plc (OTCMKTS:KRYAY) Sees Large Increase in Short Interest

Kerry Group plc (OTCMKTS:KRYAY) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 1,000 shares, an increase of 900.0% from the February 29th total of 100 shares. Based on an average daily trading volume, of 8,200 shares, the short-interest ratio is currently 0.1 days.

Kerry Group Stock Down 1.1 %

KRYAY stock traded down $0.99 on Thursday, reaching $86.48. 5,628 shares of the company traded hands, compared to its average volume of 5,470. Kerry Group has a one year low of $75.13 and a one year high of $111.43. The company has a quick ratio of 1.11, a current ratio of 1.66 and a debt-to-equity ratio of 0.37. The firm has a fifty day simple moving average of $87.62 and a 200-day simple moving average of $84.03.

Kerry Group Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, May 20th. Investors of record on Friday, April 12th will be given a dividend of $0.8779 per share. The ex-dividend date is Thursday, April 11th. This is a positive change from Kerry Group’s previous dividend of $0.37.

About Kerry Group

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.