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

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

China Resources Beer Stock Down 3.5 %

CRHKY stock traded down $0.27 during mid-day trading on Tuesday, reaching $7.63. The company had a trading volume of 33,133 shares, compared to its average volume of 89,407. China Resources Beer has a one year low of $5.45 and a one year 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 stock’s 50-day simple moving average is $7.37 and its two-hundred day simple moving average is $7.47.

China Resources Beer Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, November 4th. Investors of record on Thursday, September 5th were issued a $0.0919 dividend. The ex-dividend date was Wednesday, September 4th. This represents a yield of 4.17%. This is an increase 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.