China Resources Enterprise Ltd. (OTCMKTS:CRHKY) Short Interest Down 76.2% in April

by · The Cerbat Gem

China Resources Enterprise Ltd. (OTCMKTS:CRHKY – Get Free Report) saw a significant decrease in short interest in April. As of April 30th, there was short interest totaling 41,169 shares, a decrease of 76.2% from the April 15th total of 173,337 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 151,498 shares, the days-to-cover ratio is currently 0.3 days.

China Resources Enterprise Price Performance

China Resources Enterprise stock traded down $0.16 during mid-day trading on Friday, reaching $6.84. 9,640 shares of the company’s stock traded hands, compared to its average volume of 89,906. The stock has a 50 day moving average of $6.70 and a two-hundred day moving average of $6.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.82 and a quick ratio of 0.46. China Resources Enterprise has a 12-month low of $6.07 and a 12-month high of $7.69.

China Resources Enterprise Company Profile

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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.

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