Kirin Holdings Co. (OTCMKTS:KNBWY) Short Interest Up 126.5% in June

Kirin Holdings Co. (OTCMKTS:KNBWY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 74,004 shares, a growth of 126.5% from the May 31st total of 32,675 shares. Based on an average trading volume of 79,567 shares, the short-interest ratio is currently 0.9 days. Approximately 0.0% of the company’s shares are short sold.

Kirin Trading Down 1.6%

OTCMKTS:KNBWY traded down $0.29 on Monday, reaching $17.51. The company’s stock had a trading volume of 4,344 shares, compared to its average volume of 33,600. Kirin has a 12-month low of $13.15 and a 12-month high of $17.87. The stock has a 50 day moving average price of $16.62 and a 200 day moving average price of $16.15. The firm has a market cap of $14.19 billion, a price-to-earnings ratio of 14.24 and a beta of -0.02. The company has a quick ratio of 1.01, a current ratio of 1.44 and a debt-to-equity ratio of 0.51.

Kirin (OTCMKTS:KNBWY) last posted its earnings results on Thursday, May 14th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). Kirin had a net margin of 6.11% and a return on equity of 9.82%. The company had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.63 billion. On average, equities analysts anticipate that Kirin will post 1.36 EPS for the current fiscal year.

Kirin Company Profile

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.