Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Expands By 11.9%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the target of a large growth in short interest in the month of March. As of March 31st, there was short interest totalling 472,700 shares, a growth of 11.9% from the March 15th total of 422,300 shares. Based on an average daily volume of 15,100 shares, the short-interest ratio is currently 31.3 days.

Asahi Group Stock Performance

OTCMKTS:ASBRF opened at $35.81 on Monday. The firm has a 50-day simple moving average of $35.51 and a 200-day simple moving average of $36.30. Asahi Group has a one year low of $34.25 and a one year high of $41.00.

Asahi Group Company Profile

Asahi Group Holdings, Ltd., together with its subsidiaries, manufactures and sells alcoholic beverages, soft drinks, and food products in Japan, Europe, Oceania, and Southeast Asia. The company offers alcoholic beverage products, including beers, non-alcohol beer, new genre, wines, shochu, whiskey and spirits, ready-to-drink beverages, ciders, and happoshu products.