China Resources Enterprise Ltd. (OTCMKTS:CRHKY) Short Interest Update

by · The Cerbat Gem

China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 15th, there was short interest totaling 33,200 shares, agrowthof235.4% from the July 31st total of 9,900 shares. Based on an average trading volume of 53,100 shares, the days-to-cover ratio is presently 0.6 days. Based on an average trading volume of 53,100 shares, the days-to-cover ratio is presently 0.6 days.

China Resources Enterprise Stock Performance

Shares of CRHKY opened at $7.07 on Friday. The firm’s 50-day moving average price is $6.97 and its 200-day moving average price is $6.89. The company has a quick ratio of 0.23, a current ratio of 0.60 and a debt-to-equity ratio of 0.02. China Resources Enterprise has a 1-year low of $5.45 and a 1-year high of $9.34.

China Resources Enterprise Increases Dividend

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

China Resources Enterprise Company Profile

(Get Free Report)

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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