China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Short Interest Up 1,512.3% in August

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) was the target of a large growth in short interest in the month of August. As of August 15th, there was short interest totalling 354,700 shares, a growth of 1,512.3% from the July 31st total of 22,000 shares. Based on an average trading volume of 328,800 shares, the short-interest ratio is presently 1.1 days.

China Resources Beer Price Performance

Shares of OTCMKTS CRHKY traded up $0.15 during midday trading on Tuesday, hitting $5.93. 64,967 shares of the company’s stock were exchanged, compared to its average volume of 84,653. The business’s fifty day moving average price is $6.62 and its two-hundred day moving average price is $8.00. The company has a quick ratio of 0.31, a current ratio of 0.70 and a debt-to-equity ratio of 0.12. China Resources Beer has a 12-month low of $5.67 and a 12-month high of $12.16.

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.