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 large drop in short interest in the month of December. As of December 15th, there was short interest totalling 100 shares, a drop of 98.7% from the November 30th total of 7,700 shares. Based on an average daily trading volume, of 470,900 shares, the days-to-cover ratio is currently 0.0 days.

China Resources Beer Stock Performance

Shares of CRHKY stock traded up $0.00 during trading hours on Thursday, reaching $6.59. The company’s stock had a trading volume of 49,624 shares, compared to its average volume of 94,908. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40. The firm’s fifty day simple moving average is $7.11 and its 200 day simple moving average is $6.95. China Resources Beer has a one year low of $5.45 and a one year 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.