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

China Resources Enterprise Ltd. (OTCMKTS:CRHKY) was the recipient of a significant increase in short interest during 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. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 247,591 shares, the days-to-cover ratio is currently 1.2 days. Based on an average daily trading volume, of 247,591 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.0% of the shares of the stock are sold short.

China Resources Enterprise Price Performance

Shares of OTCMKTS CRHKY traded up $0.05 during mid-day trading on Wednesday, hitting $7.15. 56,363 shares of the stock traded hands, compared to its average volume of 90,661. China Resources Enterprise has a twelve month low of $6.07 and a twelve month high of $7.75. The company has a current ratio of 0.83, a quick ratio of 0.49 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $6.87 and a two-hundred day simple moving average of $7.03.

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.