Fevertree Drinks PLC (OTCMKTS:FQVTF) Sees Large Increase in Short Interest

Fevertree Drinks PLC (OTCMKTS:FQVTF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 276,200 shares, a growth of 13.6% from the September 30th total of 243,200 shares. Based on an average trading volume of 3,000 shares, the days-to-cover ratio is presently 92.1 days.

Fevertree Drinks Stock Performance

Fevertree Drinks stock remained flat at $9.54 during midday trading on Thursday. The company had a trading volume of 88 shares, compared to its average volume of 3,251. Fevertree Drinks has a 52-week low of $9.35 and a 52-week high of $15.50. The firm has a fifty day moving average price of $10.46 and a 200-day moving average price of $12.28.

Fevertree Drinks Company Profile

Fevertree Drinks Plc, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.