China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Short Interest Update

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 156,500 shares, an increase of 5,116.7% from the September 30th total of 3,000 shares. Based on an average trading volume of 249,500 shares, the short-interest ratio is presently 0.6 days.

China Resources Beer Stock Performance

OTCMKTS:CRHKY opened at $7.56 on Friday. The firm’s fifty day simple moving average is $6.98 and its 200 day simple moving average is $7.54. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75. China Resources Beer has a twelve month low of $5.45 and a twelve month high of $11.35.

China Resources Beer Increases Dividend

The business also recently disclosed a dividend, which will be paid on Monday, November 4th. Shareholders of record on Thursday, September 5th will be paid a dividend of $0.0919 per share. This represents a dividend yield of 4.17%. The ex-dividend date of this dividend is Wednesday, September 4th. This is a boost from China Resources Beer’s previous dividend of $0.08.

About China Resources Beer

China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.