Coca-Cola HBC AG (OTCMKTS:CCHGY) Short Interest Update

Coca-Cola HBC AG (OTCMKTS:CCHGY) was the target of a large increase in short interest in June. As of June 15th, there was short interest totalling 300 shares, an increase of 50.0% from the May 31st total of 200 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 0.3 days.

Coca-Cola HBC Price Performance

Coca-Cola HBC stock opened at $34.04 on Monday. Coca-Cola HBC has a twelve month low of $25.04 and a twelve month high of $35.53. The company’s 50-day moving average price is $33.98 and its 200-day moving average price is $31.56. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.82 and a current ratio of 1.02.

Coca-Cola HBC Increases Dividend

The business also recently announced a dividend, which will be paid on Tuesday, July 9th. Shareholders of record on Friday, May 31st will be paid a $0.5979 dividend. This is an increase from Coca-Cola HBC’s previous dividend of $0.51. The ex-dividend date of this dividend is Thursday, May 30th.

About Coca-Cola HBC

Coca-Cola HBC AG engages in the production, distribution, and sale of non-alcoholic ready-to-drink beverages under franchise in Switzerland, the United Kingdom, North and Central America, rest of Europe, the Nordic countries, and internationally. The company offers sparkling soft drinks, adult sparkling, hydration drinks, juices, ready-to-drink tea and coffee, sports and energy drinks, dairy, stills, coffee, water, plant-based drinks, premium spirits, and snacks.