Short Interest in China Resources Enterprise Ltd. (OTCMKTS:CRHKY) Drops By 70.0%

China Resources Enterprise Ltd. (OTCMKTS:CRHKY) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totaling 38,548 shares, a decrease of 70.0% from the December 31st total of 128,688 shares. Based on an average daily trading volume, of 118,143 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.0% of the company’s stock are short sold. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 118,143 shares, the days-to-cover ratio is currently 0.3 days.

China Resources Enterprise Stock Up 4.4%

OTCMKTS CRHKY traded up $0.29 during mid-day trading on Thursday, reaching $6.91. The stock had a trading volume of 3,608 shares, compared to its average volume of 70,042. China Resources Enterprise has a 1 year low of $5.91 and a 1 year high of $7.75. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.83 and a quick ratio of 0.49. The company has a fifty day moving average price of $6.93 and a 200 day moving average price of $7.02.

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.