Kirin Holdings Co. (OTCMKTS:KNBWY) Stock Short Interest Report for October

Kirin Holdings Co. (OTCMKTS:KNBWY) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 54,238 shares, an increase of 171.5% from the September 30th total of 19,979 shares. Based on an average trading volume of 52,902 shares, the short-interest ratio is currently 1.0 days. Currently, 0.0% of the company’s stock are sold short.

Kirin Stock Performance

OTCMKTS:KNBWY traded up $0.07 during trading hours on Thursday, reaching $18.02. The company had a trading volume of 6,981 shares, compared to its average volume of 28,760. Kirin has a 1-year low of $14.01 and a 1-year high of $19.99. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.48 and a quick ratio of 1.02. The firm has a market cap of $14.59 billion, a PE ratio of 11.47 and a beta of 0.01. The business’s 50 day moving average price is $18.46 and its 200-day moving average price is $17.20.

Kirin (OTCMKTS:KNBWY) last announced its earnings results on Friday, August 7th. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.16. Kirin had a return on equity of 12.22% and a net margin of 7.79%. The firm had revenue of $4.08 billion for the quarter, compared to analyst estimates of $3.87 billion. Research analysts forecast that Kirin will post 1.37 EPS for the current year.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Kirin from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 29th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company has a consensus rating of “Hold”.

About Kirin

Kirin Holdings Company, Limited is a Japan-based consumer products group best known for its beer, alcoholic beverages, soft drinks and health science businesses. The company operates primarily through its beverage operations, which produce and market beer, ready-to-drink alcoholic beverages, wine, nonalcoholic drinks, tea and functional beverages.

Kirin’s portfolio includes established Japanese brands such as Kirin Ichiban Shibori beer, Kirin Lager, Hyoketsu ready-to-drink beverages, Afternoon Tea and Gogo no Kocha tea.