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

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 14,600 shares, a decline 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 Trading Down 3.0 %

CRHKY stock traded down $0.20 during midday trading on Friday, hitting $6.50. 47,084 shares of the company’s stock were exchanged, compared to its average volume of 69,474. The stock’s fifty day moving average price is $6.29 and its 200-day moving average price is $6.75. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.40 and a current ratio of 0.75. China Resources Beer has a one year low of $5.45 and a one year 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.