Short Interest in Kerry Group plc (OTCMKTS:KRYAY) Decreases By 86.0%

Kerry Group plc (OTCMKTS:KRYAY) was the recipient of a significant decrease in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a decrease of 86.0% from the February 28th total of 8,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 13,400 shares, the short-interest ratio is presently 0.1 days.

Kerry Group Stock Up 2.4 %

Shares of KRYAY stock traded up $2.46 during mid-day trading on Wednesday, hitting $103.16. 3,969 shares of the stock traded hands, compared to its average volume of 8,061. The company has a quick ratio of 0.98, a current ratio of 1.54 and a debt-to-equity ratio of 0.37. The company’s 50-day simple moving average is $103.00 and its 200-day simple moving average is $99.85. Kerry Group has a twelve month low of $79.21 and a twelve month high of $110.59.

Kerry Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, May 19th. Investors of record on Friday, April 11th will be issued a dividend of $0.9649 per share. This is a positive change from Kerry Group’s previous dividend of $0.41. The ex-dividend date of this dividend is Friday, April 11th.

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.