China Resources Enterprise Ltd. (OTCMKTS:CRHKY) Sees Significant Increase in Short Interest

China Resources Enterprise Ltd. (OTCMKTS:CRHKY) was the recipient of a large increase in short interest in the month of February. As of February 13th, there was short interest totaling 297,632 shares, an increase of 952.1% from the January 29th total of 28,289 shares. Based on an average daily trading volume, of 247,591 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.0% of the shares of the stock are short sold. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 247,591 shares, the days-to-cover ratio is presently 1.2 days.

China Resources Enterprise Stock Up 0.7%

Shares of China Resources Enterprise stock traded up $0.05 on Wednesday, reaching $7.15. 56,363 shares of the stock were exchanged, compared to its average volume of 90,661. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.49 and a current ratio of 0.83. The firm’s 50 day moving average is $6.87 and its 200-day moving average is $7.03. China Resources Enterprise has a one year low of $6.07 and a one year high of $7.75.

China Resources Enterprise Company Profile

China Resources Enterprise Limited is a Hong Kong–based conglomerate principally engaged in consumer products distribution, retail operations and food and beverage businesses. Established in 1993 as a publicly listed arm of the state-owned China Resources Group, the company has grown into one of the largest integrated consumer companies operating across Mainland China and Hong Kong.

In its retail division, China Resources Enterprise operates the CR Vanguard chain of supermarkets and convenience stores, supplemented by online grocery platforms and membership loyalty programmes.