Short Interest in China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Expands By 76.0%

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKYGet Free Report) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 25,700 shares, a growth of 76.0% from the February 13th total of 14,600 shares. Based on an average daily volume of 101,600 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

China Resources Beer Price Performance

Shares of China Resources Beer stock opened at $7.04 on Friday. The stock has a 50 day moving average of $6.33 and a 200 day moving average of $6.80. China Resources Beer has a 12 month low of $5.45 and a 12 month high of $10.14. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.75 and a quick ratio of 0.40.

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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