Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Expands By 25.7%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the target of a large growth in short interest in November. As of November 15th, there was short interest totalling 1,832,100 shares, a growth of 25.7% from the October 31st total of 1,457,100 shares. Based on an average daily trading volume, of 500 shares, the days-to-cover ratio is presently 3,664.2 days.

Asahi Group Stock Performance

Shares of OTCMKTS ASBRF opened at $10.00 on Monday. The stock’s 50-day simple moving average is $13.76 and its two-hundred day simple moving average is $28.05. Asahi Group has a twelve month low of $10.00 and a twelve month high of $14.10.

Asahi Group Company Profile

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.