China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Sees Significant Growth in Short Interest

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a significant growth in short interest during the month of December. As of December 31st, there was short interest totalling 1,300 shares, a growth of 1,200.0% from the December 15th total of 100 shares. Based on an average trading volume of 173,000 shares, the days-to-cover ratio is presently 0.0 days.

China Resources Beer Stock Up 3.5 %

Shares of China Resources Beer stock traded up $0.20 during trading on Tuesday, hitting $5.97. 87,592 shares of the stock traded hands, compared to its average volume of 113,770. The company has a fifty day moving average price of $6.72 and a two-hundred day moving average price of $6.83. The company has a quick ratio of 0.40, a current ratio of 0.75 and a debt-to-equity ratio of 0.03. China Resources Beer has a twelve month low of $5.45 and a twelve month high of $10.14.

China Resources Beer Company Profile

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.