Kirin Holdings Co. (OTCMKTS:KNBWY) Short Interest Update

Kirin Holdings Co. (OTCMKTS:KNBWY) was the recipient of a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 18,143 shares, a decrease of 75.5% from the June 15th total of 74,004 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 54,441 shares, the days-to-cover ratio is presently 0.3 days.

Kirin Trading Down 1.4%

OTCMKTS:KNBWY traded down $0.25 during trading hours on Friday, reaching $17.71. 16,087 shares of the company were exchanged, compared to its average volume of 21,825. The firm has a market cap of $14.35 billion, a price-to-earnings ratio of 14.40 and a beta of -0.02. The stock has a 50 day simple moving average of $16.94 and a 200 day simple moving average of $16.32. Kirin has a 52-week low of $13.15 and a 52-week high of $18.05. 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 (OTCMKTS:KNBWY) last released its quarterly earnings data on Thursday, May 14th. The company reported $0.21 earnings per share for the quarter, missing the consensus estimate of $0.26 by ($0.05). Kirin had a net margin of 6.11% and a return on equity of 9.82%. The firm had revenue of $3.62 billion during the quarter, compared to analyst estimates of $3.63 billion. As a group, analysts predict that Kirin will post 1.37 EPS for the current year.

About Kirin

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.