Short Interest in China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Declines By 60.7%

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 10,100 shares, a drop of 60.7% from the February 28th total of 25,700 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 74,100 shares, the short-interest ratio is currently 0.1 days.

China Resources Beer Stock Performance

OTCMKTS CRHKY traded down $0.39 on Friday, reaching $7.30. The stock had a trading volume of 31,878 shares, compared to its average volume of 56,607. 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 1 year low of $5.45 and a 1 year high of $10.14. The business has a 50 day moving average price of $6.62 and a 200 day moving average price of $6.89.

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.