Fevertree Drinks PLC (OTCMKTS:FQVTF) Sees Large Increase in Short Interest

Fevertree Drinks PLC (OTCMKTS:FQVTF) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 276,200 shares, a growth of 13.6% from the September 30th total of 243,200 shares. Based on an average daily volume of 3,000 shares, the days-to-cover ratio is currently 92.1 days.

Fevertree Drinks Price Performance

Fevertree Drinks stock remained flat at $9.54 during mid-day trading on Thursday. The company’s stock had a trading volume of 88 shares, compared to its average volume of 3,251. The business has a fifty day moving average of $10.46 and a two-hundred day moving average of $12.28. Fevertree Drinks has a 1 year low of $9.35 and a 1 year high of $15.50.

About Fevertree Drinks

Fevertree Drinks Plc, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.