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

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a large decrease in short interest in March. As of March 15th, there was short interest totalling 10,100 shares, a decrease of 60.7% from the February 28th total of 25,700 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 74,100 shares, the short-interest ratio is presently 0.1 days.

China Resources Beer Stock Down 5.1 %

CRHKY stock traded down $0.39 during midday trading on Friday, hitting $7.30. The company’s stock had a trading volume of 31,878 shares, compared to its average volume of 56,607. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03. China Resources Beer has a 12 month low of $5.45 and a 12 month high of $10.14. The company has a 50 day moving average of $6.62 and a two-hundred day moving average of $6.89.

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.