China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Sees Large Decrease in Short Interest

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the recipient of a large decrease in short interest in February. As of February 15th, there was short interest totalling 14,600 shares, a decrease of 64.1% from the January 31st total of 40,700 shares. Based on an average trading volume of 86,700 shares, the days-to-cover ratio is presently 0.2 days.

China Resources Beer Trading Down 3.0 %

OTCMKTS CRHKY traded down $0.20 during trading on Friday, hitting $6.50. 47,084 shares of the company’s stock traded hands, compared to its average volume of 69,474. 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. The business has a 50 day moving average of $6.29 and a 200-day moving average of $6.75.

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.