China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totalling 156,500 shares, a growth of 5,116.7% from the September 30th total of 3,000 shares. Based on an average daily volume of 249,500 shares, the short-interest ratio is currently 0.6 days.
China Resources Beer Stock Up 6.0 %
OTCMKTS:CRHKY traded up $0.46 during mid-day trading on Friday, reaching $8.02. The stock had a trading volume of 41,373 shares, compared to its average volume of 92,658. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. The business has a 50 day simple moving average of $7.02 and a 200 day simple moving average of $7.54. 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 firm also recently declared a dividend, which will be paid on Monday, November 4th. Stockholders of record on Thursday, September 5th will be issued a $0.0919 dividend. This is a boost from China Resources Beer's previous dividend of $0.08. This represents a dividend yield of 4.17%. The ex-dividend date of this dividend is Wednesday, September 4th.
About China Resources Beer
(
Get Free Report)
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.
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