Kirin Holdings Company, Limited (OTCMKTS:KNBWY) Sees Large Drop in Short Interest

Kirin Holdings Company, Limited (OTCMKTS:KNBWY - Get Free Report) was the target of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 75,800 shares, a decline of 40.0% from the February 28th total of 126,300 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 95,600 shares, the days-to-cover ratio is currently 0.8 days.

Kirin Stock Performance

OTCMKTS:KNBWY traded down $0.06 during mid-day trading on Monday, hitting $14.01. 10,207 shares of the company's stock traded hands, compared to its average volume of 108,277. The firm has a market capitalization of $11.35 billion, a price-to-earnings ratio of 29.19, a price-to-earnings-growth ratio of 0.93 and a beta of 0.12. Kirin has a 12 month low of $12.25 and a 12 month high of $16.25. The firm has a 50 day moving average of $13.31 and a two-hundred day moving average of $13.85. The company has a current ratio of 1.18, a quick ratio of 0.75 and a debt-to-equity ratio of 0.39.

Kirin (OTCMKTS:KNBWY - Get Free Report) last posted its quarterly earnings data on Friday, February 14th. The company reported ($0.17) earnings per share (EPS) for the quarter. The business had revenue of $4.19 billion for the quarter. Kirin had a net margin of 2.50% and a return on equity of 3.85%. On average, equities analysts forecast that Kirin will post 1.12 earnings per share for the current fiscal year.

Kirin Company Profile

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.