China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totalling 17,500 shares, a decrease of 85.5% from the April 30th total of 121,100 shares. Based on an average trading volume of 84,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.0% of the shares of the company are sold short.
China Resources Beer Price Performance
CRHKY stock traded down $0.22 during trading on Monday, reaching $6.39. The stock had a trading volume of 28,131 shares, compared to its average volume of 49,448. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03. The stock's 50 day moving average is $7.04 and its two-hundred day moving average is $6.72. China Resources Beer has a 52 week low of $5.45 and a 52 week high of $9.34.
China Resources Beer Cuts Dividend
The company also recently announced a dividend, which will be paid on Monday, July 14th. Investors of record on Monday, May 26th will be issued a $0.0826 dividend. This represents a yield of 2.58%. The ex-dividend date of this dividend is Friday, May 23rd.
China Resources Beer Company Profile
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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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