Short Interest in Kirin Holdings Co. (OTCMKTS:KNBWY) Increases By 126.5%

Kirin Holdings Co. (OTCMKTS:KNBWY) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 74,004 shares, an increase of 126.5% from the May 31st total of 32,675 shares. Based on an average daily trading volume, of 79,567 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the company’s stock are sold short.

Kirin Stock Down 1.5%

Shares of Kirin stock traded down $0.26 on Tuesday, hitting $17.26. The company had a trading volume of 19,808 shares, compared to its average volume of 33,535. The stock has a 50-day moving average of $16.64 and a 200-day moving average of $16.17. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.44 and a quick ratio of 1.01. Kirin has a twelve month low of $13.15 and a twelve month high of $17.87. The firm has a market capitalization of $13.98 billion, a P/E ratio of 14.03 and a beta of -0.02.

Kirin (OTCMKTS:KNBWY) last posted its quarterly earnings data on Thursday, May 14th. The company reported $0.21 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.05). The company had revenue of $3.62 billion during the quarter, compared to the consensus estimate of $3.63 billion. Kirin had a net margin of 6.11% and a return on equity of 9.82%. Research analysts predict that Kirin will post 1.36 earnings per share for the current year.

Kirin Company Profile

Kirin Holdings Company, Limited is a Japan-based global beverage and life sciences group best known for its flagship beer brand. The company’s core operations encompass the brewing and distribution of beer and spirits, the production of soft drinks and other non-alcoholic beverages, and a growing pharmaceuticals and biotech segment. Kirin’s beverage portfolio ranges from mainstream lagers and craft-inspired brews to juices, teas, and carbonated soft drinks sold under various regional labels.

Rooted in the founding of Kirin Brewery Company in 1888, the group restructured into a pure holding company in 2007 to foster greater strategic flexibility.