Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Drops By 19.7%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a significant drop in short interest during the month of March. As of March 15th, there was short interest totalling 1,162,500 shares, a drop of 19.7% from the February 28th total of 1,448,300 shares. Based on an average daily volume of 900 shares, the short-interest ratio is presently 1,291.7 days.

Asahi Group Stock Performance

Shares of OTCMKTS ASBRF opened at $12.89 on Wednesday. The company has a 50 day simple moving average of $11.17 and a 200-day simple moving average of $13.53. Asahi Group has a 1 year low of $9.59 and a 1 year 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.