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

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

Asahi Group Price Performance

ASBRF opened at $38.16 on Friday. Asahi Group has a 12-month low of $33.59 and a 12-month high of $38.81. The business’s fifty day simple moving average is $35.62 and its 200-day simple moving average is $35.52.

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.