Short Interest in Coca-Cola HBC AG (OTCMKTS:CCHGY) Rises By 50.0%

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) was the target of a large growth in short interest during the month of June. As of June 15th, there was short interest totalling 300 shares, a growth of 50.0% from the May 31st total of 200 shares. Based on an average daily trading volume, of 1,100 shares, the days-to-cover ratio is presently 0.3 days.

Coca-Cola HBC Stock Down 1.3 %

Shares of OTCMKTS:CCHGY traded down $0.45 during midday trading on Friday, hitting $34.04. The company's stock had a trading volume of 16,192 shares, compared to its average volume of 11,831. Coca-Cola HBC has a fifty-two week low of $25.04 and a fifty-two week high of $35.53. The company has a current ratio of 1.02, a quick ratio of 0.82 and a debt-to-equity ratio of 0.78. The stock's 50 day simple moving average is $33.98 and its 200 day simple moving average is $31.54.

Coca-Cola HBC Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, May 31st will be issued a $0.5979 dividend. The ex-dividend date of this dividend is Thursday, May 30th. This is a positive change from Coca-Cola HBC's previous dividend of $0.51.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.