Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Short Interest Update

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 1,396,000 shares, a decline of 29.3% from the January 15th total of 1,975,900 shares. Based on an average daily volume of 2,600 shares, the days-to-cover ratio is currently 536.9 days.

Asahi Group Stock Performance

ASBRF opened at $9.59 on Friday. Asahi Group has a fifty-two week low of $9.59 and a fifty-two week high of $14.10. The company’s 50-day moving average is $10.33 and its 200 day moving average is $18.42.

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.