China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) was the recipient of a large 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. Currently, 0.0% of the company's shares are short sold. Based on an average daily volume of 101,600 shares, the days-to-cover ratio is currently 0.3 days.
China Resources Beer Price Performance
CRHKY traded up $0.27 during trading on Tuesday, reaching $7.34. The company had a trading volume of 26,659 shares, compared to its average volume of 62,154. The firm's 50-day simple moving average is $6.35 and its 200 day simple moving average is $6.81. China Resources Beer has a 12-month low of $5.45 and a 12-month high of $10.14. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03.
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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