China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Sees Large Increase in Short Interest

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a large growth in short interest in February. As of February 28th, there was short interest totalling 25,700 shares, a growth of 76.0% from the February 13th total of 14,600 shares. Based on an average trading volume of 101,600 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.

China Resources Beer Trading Up 5.7 %

Shares of OTCMKTS:CRHKY traded up $0.38 during trading on Friday, hitting $7.04. 18,167 shares of the stock were exchanged, compared to its average volume of 62,865. The company has a fifty day moving average price of $6.33 and a two-hundred day moving average price of $6.79. 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 12-month low of $5.45 and a 12-month high of $10.14.

About China Resources Beer

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.