Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Sees Large Increase in Short Interest

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRFGet Free Report) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,709,800 shares, a growth of 7.1% from the December 31st total of 1,596,500 shares. Based on an average trading volume of 1,100 shares, the days-to-cover ratio is presently 1,554.4 days.

Asahi Group Stock Performance

Shares of OTCMKTS:ASBRF opened at $9.84 on Monday. Asahi Group has a fifty-two week low of $9.84 and a fifty-two week high of $14.10. The firm’s 50 day simple moving average is $10.39 and its 200 day simple moving average is $20.07.

Asahi Group Company Profile

(Get Free Report)

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.

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