Short Interest in Kirin Holdings Company, Limited (OTCMKTS:KNBWY) Drops By 50.9%

Kirin Holdings Company, Limited (OTCMKTS:KNBWY) saw a large decrease in short interest during the month of March. As of March 31st, there was short interest totalling 37,200 shares, a decrease of 50.9% from the March 15th total of 75,800 shares. Based on an average daily trading volume, of 39,500 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.0% of the company’s shares are sold short.

Kirin Trading Up 1.3 %

Shares of Kirin stock traded up $0.20 during midday trading on Wednesday, reaching $15.13. 36,209 shares of the company’s stock traded hands, compared to its average volume of 97,108. Kirin has a 12 month low of $12.25 and a 12 month high of $16.25. The company has a market cap of $12.26 billion, a PE ratio of 31.52, a price-to-earnings-growth ratio of 0.93 and a beta of 0.14. The stock has a 50 day moving average of $13.80 and a 200-day moving average of $13.76. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.75 and a current ratio of 1.18.

Kirin (OTCMKTS:KNBWY) last issued its earnings results on Friday, February 14th. The company reported ($0.17) earnings per share (EPS) for the quarter. The firm had revenue of $4.19 billion during the quarter. Kirin had a return on equity of 3.85% and a net margin of 2.50%. As a group, equities analysts expect that Kirin will post 1.12 EPS for the current fiscal year.

About Kirin

Kirin Holdings Company, Limited engages in food and beverages, pharmaceuticals, and health science businesses. The company's products include beer, wine, whiskey, spirits, soft drinks, dairy products, and other products. It also produces and sells pharmaceutical products, biochemical products, and other products.