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

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 14,600 shares, a drop of 64.1% from the January 31st total of 40,700 shares. Based on an average trading volume of 86,700 shares, the short-interest ratio is currently 0.2 days.

China Resources Beer Stock Performance

OTCMKTS CRHKY traded down $0.20 on Friday, reaching $6.50. 47,084 shares of the company’s stock traded hands, compared to its average volume of 69,474. China Resources Beer has a 12 month low of $5.45 and a 12 month high of $10.14. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03. The stock has a 50-day simple moving average of $6.29 and a 200 day simple moving average of $6.75.

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.