Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Grows By 7.1%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) saw a large increase in short interest in December. As of December 31st, there was short interest totalling 1,709,800 shares, an increase of 7.1% from the December 15th total of 1,596,500 shares. Based on an average daily volume of 1,100 shares, the short-interest ratio is currently 1,554.4 days.

Asahi Group Price Performance

ASBRF stock opened at $10.95 on Friday. The firm has a 50 day simple moving average of $10.41 and a 200-day simple moving average of $21.80. Asahi Group has a twelve month low of $9.84 and a twelve month high of $14.10.

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.