Short Interest in China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Decreases By 98.3%

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a large drop in short interest in October. As of October 31st, there was short interest totalling 2,600 shares, a drop of 98.3% from the October 15th total of 156,500 shares. Based on an average daily trading volume, of 172,100 shares, the short-interest ratio is presently 0.0 days.

China Resources Beer Stock Down 3.5 %

CRHKY traded down $0.27 on Tuesday, reaching $7.63. 33,133 shares of the stock were exchanged, compared to its average volume of 89,407. The company’s 50-day moving average price is $7.37 and its 200 day moving average price is $7.47. 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 fifty-two week low of $5.45 and a fifty-two week high of $10.87.

China Resources Beer Increases Dividend

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

China Resources Beer Company Profile

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.