China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Short Interest Update

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

China Resources Beer Trading Up 3.6 %

Shares of CRHKY traded up $0.23 during mid-day trading on Friday, hitting $6.70. 91,575 shares of the company were exchanged, compared to its average volume of 70,065. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03. China Resources Beer has a 1-year low of $5.45 and a 1-year high of $10.14. The company has a 50 day moving average of $6.29 and a 200-day moving average of $6.74.

About China Resources Beer

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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.

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