China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) Short Interest Down 98.7% in December

China Resources Beer (Holdings) Company Limited (OTCMKTS:CRHKY) saw a significant drop in short interest in December. As of December 15th, there was short interest totalling 100 shares, a drop of 98.7% from the November 30th total of 7,700 shares. Based on an average trading volume of 470,900 shares, the days-to-cover ratio is currently 0.0 days.

China Resources Beer Stock Performance

China Resources Beer stock traded down $0.14 during mid-day trading on Friday, hitting $6.45. The company had a trading volume of 306,130 shares, compared to its average volume of 95,753. The company has a current ratio of 0.75, a quick ratio of 0.40 and a debt-to-equity ratio of 0.03. The company’s fifty day moving average is $7.09 and its 200-day moving average is $6.95. China Resources Beer has a 12-month low of $5.45 and a 12-month high of $10.14.

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, 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.