Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Sees Large Increase in Short Interest

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the target of a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,709,800 shares, an increase of 7.1% from the December 31st total of 1,596,500 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is presently 1,554.4 days.

Asahi Group Price Performance

Shares of ASBRF stock opened at $9.84 on Monday. Asahi Group has a fifty-two week low of $9.84 and a fifty-two week high of $14.10. The stock’s 50-day moving average is $10.39 and its two-hundred day moving average is $20.07.

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.