Short Interest in China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Rises By 6,325.0%

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) saw a significant increase in short interest during the month of March. As of March 15th, there was short interest totalling 25,700 shares, an increase of 6,325.0% from the February 29th total of 400 shares. Based on an average daily trading volume, of 196,900 shares, the short-interest ratio is currently 0.1 days.

China Resources Beer Stock Performance

OTCMKTS:CRHKY opened at $9.28 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.55 and a debt-to-equity ratio of 0.21. The firm has a 50-day moving average price of $8.29 and a two-hundred day moving average price of $9.24. China Resources Beer has a 52 week low of $7.12 and a 52 week high of $16.64.

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, Li, Löwen Fruit Beer, and Snow Draft Pure Malt Beer, Snow Xiao Pi Qi 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.