Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Short Interest Down 19.7% in March

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a significant drop in short interest in March. As of March 15th, there was short interest totalling 1,162,500 shares, a drop of 19.7% from the February 28th total of 1,448,300 shares. Based on an average daily volume of 900 shares, the days-to-cover ratio is presently 1,291.7 days.

Asahi Group Price Performance

Asahi Group stock opened at $12.89 on Monday. Asahi Group has a 52-week low of $9.59 and a 52-week high of $14.10. The firm’s fifty day moving average is $11.07 and its 200 day moving average is $13.71.

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.