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

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

China Resources Beer Stock Performance

Shares of China Resources Beer stock traded up $0.07 on Wednesday, reaching $6.04. 63,963 shares of the stock were exchanged, compared to its average volume of 129,837. The business has a fifty day moving average price of $6.69 and a two-hundred day moving average price of $6.83. China Resources Beer has a 1-year low of $5.45 and a 1-year high of $10.14. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03.

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.