China Resources Enterprise Ltd. (OTCMKTS:CRHKY) Short Interest Update

China Resources Enterprise Ltd. (OTCMKTS:CRHKY) was the target of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 85,554 shares, a growth of 107.8% from the April 30th total of 41,169 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 109,019 shares, the days-to-cover ratio is presently 0.8 days.

China Resources Enterprise Price Performance

Shares of OTCMKTS CRHKY opened at $6.23 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 0.46 and a current ratio of 0.82. The stock’s 50-day simple moving average is $6.69 and its two-hundred day simple moving average is $6.85. China Resources Enterprise has a twelve month low of $6.07 and a twelve month high of $7.69.

About China Resources Enterprise

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.