Thai Beverage Public Company Limited (OTCMKTS:TBVPY – Get Free Report) was the recipient of a significant drop in short interest in September. As of September 30th, there was short interest totaling 149 shares, a drop of 50.3% from the September 15th total of 300 shares. Based on an average trading volume of 5 shares, the days-to-cover ratio is currently 29.8 days.
Thai Beverage Public Price Performance
TBVPY opened at $33.24 on Thursday. The stock has a 50-day moving average price of $34.06 and a 200-day moving average price of $33.67. Thai Beverage Public has a 1 year low of $33.24 and a 1 year high of $38.83.
Thai Beverage Public Company Profile
Thai Beverage Public Company Limited, or ThaiBev, is a Thailand-based beverage company that produces, distributes and markets alcoholic and non-alcoholic drinks. Its portfolio includes spirits, beer, ready-to-drink beverages, bottled water, soft drinks and other consumer products.
The company is best known for Chang beer and a range of Thai spirits, including Mekhong, SangSom, Hong Thong, Blend 285 and Ruang Khao. Through its subsidiaries and associated businesses, ThaiBev also participates in food services and the production and distribution of non-alcoholic beverages, including bottled water, tea and carbonated drinks.
ThaiBev was established in 2001 and has developed a broad distribution network in Thailand, while also serving markets across Southeast Asia and other international regions.
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