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

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) saw a significant drop in short interest during the month of 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 volume of 172,100 shares, the days-to-cover ratio is currently 0.0 days.

China Resources Beer Price Performance

CRHKY traded down $0.24 during midday trading on Thursday, reaching $6.96. 136,578 shares of the company’s stock traded hands, compared to its average volume of 89,121. China Resources Beer has a 52 week low of $5.45 and a 52 week high of $10.87. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03. The firm has a fifty day moving average of $7.44 and a two-hundred day moving average of $7.44.

China Resources Beer Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, November 4th. Investors of record on Thursday, September 5th were issued a dividend of $0.0919 per share. This represents a dividend yield of 4.17%. The ex-dividend date was Wednesday, September 4th. This is an increase 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.