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

China Resources Enterprise Ltd. (OTCMKTS:CRHKY) was the target of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 28,619 shares, a decrease of 19.4% from the November 30th total of 35,497 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 106,144 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 106,144 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s stock are sold short.

China Resources Enterprise Trading Down 1.3%

China Resources Enterprise stock opened at $6.76 on Friday. China Resources Enterprise has a 12-month low of $5.76 and a 12-month high of $7.75. The company has a quick ratio of 0.49, a current ratio of 0.83 and a debt-to-equity ratio of 0.01. The firm’s fifty day moving average price is $7.06 and its 200 day moving average price is $6.98.

China Resources Enterprise Company Profile

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.