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

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

China Resources Beer Stock Performance

Shares of OTCMKTS:CRHKY opened at $7.11 on Wednesday. China Resources Beer has a 52 week low of $5.45 and a 52 week high of $10.87. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75. The firm has a 50 day simple moving average of $7.40 and a 200 day simple moving average of $7.46.

China Resources Beer Increases Dividend

The firm also recently announced a dividend, which was paid on Monday, November 4th. Stockholders of record on Thursday, September 5th were given a $0.0919 dividend. This represents a dividend yield of 4.17%. The ex-dividend date was Wednesday, September 4th. This is a boost from China Resources Beer’s previous dividend of $0.08.

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.