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

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 1,596,500 shares, a growth of 15.1% from the November 30th total of 1,387,000 shares. Based on an average trading volume of 2,600 shares, the days-to-cover ratio is presently 614.0 days.

Asahi Group Stock Performance

OTCMKTS ASBRF opened at $11.99 on Monday. The company has a fifty day moving average of $10.83 and a 200 day moving average of $24.43. Asahi Group has a 1 year low of $10.00 and a 1 year high of $14.10.

About Asahi Group

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.