Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Expands By 35.8%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 1,859,500 shares, a growth of 35.8% from the September 30th total of 1,369,300 shares. Based on an average daily trading volume, of 7,900 shares, the days-to-cover ratio is currently 235.4 days.

Asahi Group Stock Performance

Shares of OTCMKTS ASBRF remained flat at $11.67 during mid-day trading on Monday. The stock had a trading volume of 3,700 shares, compared to its average volume of 22,481. Asahi Group has a fifty-two week low of $11.20 and a fifty-two week high of $14.10. The company’s fifty day moving average is $26.63 and its two-hundred day moving average is $32.37.

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.