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

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) saw a significant decrease in short interest in the month of August. As of August 31st, there was short interest totalling 240,400 shares, a decrease of 32.2% from the August 15th total of 354,700 shares. Based on an average daily volume of 155,800 shares, the short-interest ratio is presently 1.5 days.

China Resources Beer Trading Down 0.2 %

CRHKY traded down $0.01 during mid-day trading on Friday, reaching $5.72. 79,465 shares of the company traded hands, compared to its average volume of 87,159. The company has a debt-to-equity ratio of 0.12, a current ratio of 0.70 and a quick ratio of 0.31. China Resources Beer has a 52-week low of $5.45 and a 52-week high of $11.72. The company’s fifty day moving average price is $6.33 and its 200-day moving average price is $7.82.

China Resources Beer Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, November 4th. Shareholders of record on Thursday, September 5th will be issued a $0.0919 dividend. This represents a yield of 4.17%. This is a positive change from China Resources Beer’s previous dividend of $0.08. The ex-dividend date is Wednesday, September 4th.

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.