Short Interest in China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Expands By 73.2%

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a significant growth in short interest in January. As of January 31st, there was short interest totalling 40,700 shares, a growth of 73.2% from the January 15th total of 23,500 shares. Based on an average trading volume of 158,000 shares, the short-interest ratio is currently 0.3 days.

China Resources Beer Stock Performance

Shares of OTCMKTS CRHKY traded up $0.30 during mid-day trading on Friday, reaching $6.78. 18,136 shares of the company traded hands, compared to its average volume of 76,346. The stock has a fifty day simple moving average of $6.32 and a 200-day simple moving average of $6.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. China Resources Beer has a fifty-two week low of $5.45 and a fifty-two week high of $10.14.

China Resources Beer Company Profile

China Resources Beer (Holdings) Company Limited, an investment holding company, manufactures, distributes, and sells beer products in Mainland China. The company offers its products under the Nong Li, Snow, and Jinsha brands. The company was formerly known as China Resources Enterprise, Limited and changed its name to China Resources Beer (Holdings) Company Limited in October 2015.