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

Kerry Group plc (OTCMKTS:KRYAY) was the target of a significant decrease in short interest in 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 company’s stock are short sold. Based on an average trading volume of 13,400 shares, the short-interest ratio is currently 0.1 days.

Kerry Group Trading Up 2.4 %

Shares of OTCMKTS KRYAY traded up $2.46 during midday trading on Thursday, hitting $103.16. 3,969 shares of the stock traded hands, compared to its average volume of 8,061. The company has a current ratio of 1.54, a quick ratio of 0.98 and a debt-to-equity ratio of 0.37. Kerry Group has a one year low of $79.21 and a one year high of $110.59. The business has a 50 day moving average price of $103.00 and a two-hundred day moving average price of $99.85.

Kerry Group Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 19th. Shareholders of record on Friday, April 11th will be issued a dividend of $0.9649 per share. This is an increase from Kerry Group’s previous dividend of $0.41. The ex-dividend date is Friday, April 11th.

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.