Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 1,201,070 shares, a decline of 50.4% from the May 14th total of 2,423,782 shares. Based on an average daily volume of 91 shares, the short-interest ratio is presently 13,198.6 days.
Asahi Group Price Performance
Asahi Group stock opened at $9.75 on Friday. The firm has a 50 day simple moving average of $9.73 and a 200-day simple moving average of $10.38. Asahi Group has a 1-year low of $8.83 and a 1-year high of $14.59.
Asahi Group Company Profile
Asahi Group Holdings, Ltd. is a Japan-based beverage and food company best known for its brewing operations, including the flagship Asahi Super Dry beer. The company’s core activities span brewing, soft drinks, distilled spirits and food products. Through its primary operating subsidiaries—Asahi Breweries, Ltd., Asahi Soft Drinks Co, Ltd. and Asahi Food & Healthcare Co, Ltd.—Asahi Group offers a diverse portfolio that includes lagers, craft-style beers, carbonated beverages, juices, ready-to-drink teas and health-oriented food products.
The origins of Asahi Group date back to 1889 when Osaka Beer Co commenced operations in Osaka, Japan.
Read More
- Five stocks we like better than Asahi Group
- MarketBeat Week in Review – 06/08 – 06/12
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
Receive News & Ratings for Asahi Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asahi Group and related companies with MarketBeat.com's FREE daily email newsletter.
