China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Short Interest Up 372.3% in March

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) saw a large increase in short interest during the month of March. As of March 31st, there was short interest totalling 47,700 shares, an increase of 372.3% from the March 15th total of 10,100 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 53,600 shares, the days-to-cover ratio is currently 0.9 days.

China Resources Beer Stock Performance

OTCMKTS:CRHKY traded down $0.22 during midday trading on Wednesday, reaching $6.93. 47,909 shares of the company traded hands, compared to its average volume of 54,757. The company has a current ratio of 0.75, a quick ratio of 0.40 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. The company has a fifty day moving average price of $6.90 and a 200 day moving average price of $6.96.

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.