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

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a significant decrease in short interest during 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 currently 73.8 days.

Asahi Group Stock Performance

ASBRF opened at $38.16 on Friday. The business has a fifty day moving average of $35.62 and a 200 day moving average of $35.52. Asahi Group has a 52-week low of $33.59 and a 52-week high of $38.81.

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.