Coca-Cola HBC AG (OTCMKTS:CCHGY) Sees Large Decline in Short Interest

Coca-Cola HBC AG (OTCMKTS:CCHGY - Get Free Report) was the target of a large decrease in short interest during the month of April. As of April 30th, there was short interest totalling 1,000 shares, a decrease of 37.5% from the April 15th total of 1,600 shares. Based on an average daily trading volume, of 3,000 shares, the short-interest ratio is currently 0.3 days.

Coca-Cola HBC Price Performance

Shares of Coca-Cola HBC stock remained flat at $34.11 on Friday. The stock had a trading volume of 31 shares, compared to its average volume of 1,312. The company has a current ratio of 1.02, a quick ratio of 0.82 and a debt-to-equity ratio of 0.78. Coca-Cola HBC has a 52 week low of $25.04 and a 52 week high of $34.11. The company has a fifty day moving average price of $31.51 and a 200 day moving average price of $29.70.

Coca-Cola HBC Increases Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, May 31st will be issued a $0.5979 dividend. This is a positive change from Coca-Cola HBC's previous dividend of $0.51. The ex-dividend date of this dividend is Thursday, May 30th.

Coca-Cola HBC Company Profile

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.