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

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totalling 517,200 shares, a growth of 12.6% from the June 30th total of 459,300 shares. Based on an average daily volume of 3,100 shares, the short-interest ratio is currently 166.8 days.

Asahi Group Stock Performance

OTCMKTS ASBRF remained flat at $35.44 on Tuesday. The company’s stock had a trading volume of 25 shares, compared to its average volume of 9,228. The firm has a fifty day moving average price of $35.51 and a 200-day moving average price of $35.78. Asahi Group has a 52 week low of $33.59 and a 52 week high of $38.81.

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.