South Beach Spirits, Inc. (OTCMKTS:SBES) Sees Large Drop in Short Interest

South Beach Spirits, Inc. (OTCMKTS:SBES) was the recipient of a large decrease in short interest in the month of August. As of August 31st, there was short interest totalling 1,100 shares, a decrease of 96.3% from the August 15th total of 29,500 shares. Based on an average daily volume of 61,468,800 shares, the short-interest ratio is currently 0.0 days.

Shares of OTCMKTS:SBES remained flat at $$0.00 during trading on Wednesday. 81,717,887 shares of the stock traded hands, compared to its average volume of 52,901,215. South Beach Spirits has a 52-week low of $0.00 and a 52-week high of $0.01.

About South Beach Spirits

South Beach Spirits, Inc develops, markets, and distributes alcoholic beverages. The company was founded by Carlos Espinosa on August 10, 2012 and is headquartered in West Palm Beach, FL.

See Also: How does inflation affect different investments?

Receive News & Ratings for South Beach Spirits Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for South Beach Spirits and related companies with's FREE daily email newsletter.