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

China Resources Enterprise Ltd. (OTCMKTS:CRHKY) was the recipient of a large increase in short interest in the month of March. As of March 13th, there was short interest totaling 86,240 shares, an increase of 62.2% from the February 26th total of 53,156 shares. Based on an average trading volume of 215,912 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.0% of the shares of the company are sold short.

China Resources Enterprise Stock Up 0.2%

CRHKY stock traded up $0.01 during trading on Friday, reaching $6.33. 10,717 shares of the company’s stock were exchanged, compared to its average volume of 96,394. The company has a current ratio of 0.83, a quick ratio of 0.49 and a debt-to-equity ratio of 0.01. China Resources Enterprise has a 1-year low of $6.07 and a 1-year high of $7.69. The company’s fifty day moving average price is $6.77 and its 200-day moving average price is $6.95.

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.