China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY - Get Free Report) saw a significant drop in short interest in 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. Based on an average trading volume of 74,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the stock are sold short.
China Resources Beer Stock Down 5.1 %
Shares of CRHKY traded down $0.39 during trading hours on Friday, hitting $7.30. The stock had a trading volume of 31,878 shares, compared to its average volume of 56,607. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03. The company's fifty day moving average is $6.62 and its two-hundred day moving average is $6.90. China Resources Beer has a 52 week low of $5.45 and a 52 week high of $10.14.
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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