Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Drops By 7.8%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) saw a significant decrease in short interest in August. As of August 15th, there was short interest totalling 432,100 shares, a decrease of 7.8% from the July 31st total of 468,500 shares. Based on an average daily volume of 11,500 shares, the short-interest ratio is presently 37.6 days.

Asahi Group Price Performance

Shares of OTCMKTS ASBRF opened at $36.10 on Wednesday. Asahi Group has a 12-month low of $33.59 and a 12-month high of $38.81. The firm’s 50-day moving average is $35.12 and its two-hundred day moving average is $35.40.

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.