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

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) saw a significant drop in short interest in 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 short sold. Based on an average daily volume of 74,100 shares, the days-to-cover ratio is currently 0.1 days.

China Resources Beer Stock Performance

Shares of China Resources Beer stock opened at $7.41 on Thursday. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03. The stock has a fifty day simple moving average of $6.57 and a 200 day simple moving average of $6.87. China Resources Beer has a 12-month low of $5.45 and a 12-month high of $10.14.

About China Resources Beer

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.