Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Short Interest Down 28.3% in August

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the target of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 309,800 shares, a drop of 28.3% from the August 15th total of 432,100 shares. Based on an average trading volume of 4,200 shares, the days-to-cover ratio is presently 73.8 days.

Asahi Group Trading Up 5.7 %

Shares of Asahi Group stock opened at $38.16 on Monday. Asahi Group has a twelve month low of $33.59 and a twelve month high of $38.81. The company has a 50-day simple moving average of $35.62 and a two-hundred day simple moving average of $35.52.

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.