Kirin Holdings Co. (OTCMKTS:KNBWY) Short Interest Up 126.5% in June

Kirin Holdings Co. (OTCMKTS:KNBWY) was the target of a significant increase in short interest in the month of 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 short-interest ratio is currently 0.9 days. Currently, 0.0% of the company’s shares are short sold.

Kirin Trading Down 1.6%

Shares of KNBWY stock traded down $0.29 on Monday, hitting $17.51. The stock had a trading volume of 4,344 shares, compared to its average volume of 33,600. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.44 and a quick ratio of 1.01. The firm has a market capitalization of $14.19 billion, a P/E ratio of 14.24 and a beta of -0.02. Kirin has a 1 year low of $13.15 and a 1 year high of $17.87. The company’s 50 day moving average price is $16.62 and its 200-day moving average price is $16.15.

Kirin (OTCMKTS:KNBWY) last announced its earnings results on Thursday, May 14th. The company reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.05). The firm had revenue of $3.62 billion for the quarter, compared to analysts’ expectations of $3.63 billion. Kirin had a net margin of 6.11% and a return on equity of 9.82%. Analysts anticipate 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.