China Resources Enterprise Ltd. (OTCMKTS:CRHKY) Short Interest Up 246.2% in September

Key Points

• Short interest in China Resources Enterprise Ltd. rose by 246.2% in September, increasing from 7,800 shares to 27,000 shares.
• The company's stock price increased by 0.7% and traded at $6.89, with a twelve-month range of $5.76 to $8.55.
• China Resources Enterprise also announced a dividend of $0.1092 per share, significantly up from the previous dividend of $0.08, representing a yield of 147.0%.

China Resources Enterprise Ltd. (OTCMKTS:CRHKY - ) was the recipient of a significant increase in short interest in the month of September. As of September 30th, there was short interest totaling 27,000 shares, an increase of 246.2% from the September 15th total of 7,800 shares. Based on an average daily volume of 51,600 shares, the days-to-cover ratio is currently 0.5 days. Based on an average daily volume of 51,600 shares, the days-to-cover ratio is currently 0.5 days.

China Resources Enterprise Stock Up 0.7%

Shares of China Resources Enterprise stock traded up $0.05 on Friday, hitting $6.89. The company had a trading volume of 39,088 shares, compared to its average volume of 29,760. China Resources Enterprise has a twelve month low of $5.76 and a twelve month high of $8.55. The stock has a 50-day moving average of $7.14 and a 200-day moving average of $6.92.

China Resources Enterprise Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, November 3rd. Stockholders of record on Thursday, September 4th will be issued a $0.1092 dividend. This represents a dividend yield of 147.0%. This is a boost from China Resources Enterprise's previous dividend of $0.08. The ex-dividend date is Wednesday, September 3rd.

China Resources Enterprise 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.

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