Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Short Interest Update

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a large drop in short interest in January. As of January 31st, there was short interest totalling 1,396,000 shares, a drop of 29.3% from the January 15th total of 1,975,900 shares. Based on an average daily trading volume, of 2,600 shares, the days-to-cover ratio is presently 536.9 days.

Asahi Group Stock Performance

Shares of OTCMKTS ASBRF opened at $9.59 on Friday. The stock’s 50 day moving average price is $10.33 and its 200-day moving average price is $18.42. Asahi Group has a twelve month low of $9.59 and a twelve month high of $14.10.

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.