China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Short Interest Up 350.0% in May

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY – Get Rating) was the target of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 900 shares, an increase of 350.0% from the April 30th total of 200 shares. Based on an average trading volume of 10,600 shares, the short-interest ratio is presently 0.1 days.

China Resources Beer Stock Performance

OTCMKTS CRHKY traded up $0.15 on Friday, hitting $12.91. 2,699 shares of the company’s stock traded hands, compared to its average volume of 6,580. The firm’s 50-day moving average price is $15.20 and its two-hundred day moving average price is $14.62. China Resources Beer has a 1-year low of $9.35 and a 1-year high of $16.64.

China Resources Beer Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, July 17th. Stockholders of record on Tuesday, May 23rd will be issued a dividend of $0.0772 per share. This is a positive change from China Resources Beer’s previous dividend of $0.06. The ex-dividend date is Monday, May 22nd. This represents a dividend yield of 1.59%.

About China Resources Beer

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China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products. The company offers its products under the Heineken, Li, Löwen Fruit Beer, Snow Xiao Pi Qi, Amstel, and Edelweiss brand names. As of March 24, 2022, it operated 65 breweries in 24 provinces, municipalities, and autonomous regions in Mainland China.