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 during the month of 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 daily volume of 101,600 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

China Resources Beer Stock Performance

Shares of China Resources Beer stock traded up $0.38 on Friday, hitting $7.04. The stock had a trading volume of 18,167 shares, compared to its average volume of 62,865. China Resources Beer has a 52-week low of $5.45 and a 52-week 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 company’s 50 day moving average price is $6.33 and its 200 day moving average price is $6.79.

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.