Short Interest in China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Expands By 73.2%

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 40,700 shares, a growth of 73.2% from the January 15th total of 23,500 shares. Based on an average daily volume of 158,000 shares, the days-to-cover ratio is currently 0.3 days.

China Resources Beer Price Performance

CRHKY traded up $0.30 during trading on Friday, reaching $6.78. The company had a trading volume of 18,136 shares, compared to its average volume of 76,346. The firm’s 50-day simple moving average is $6.32 and its 200 day simple moving average is $6.72. 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.

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.