Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) Sees Large Decrease in Short Interest

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) saw a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 28,988,600 shares, a decline of 45.6% from the August 15th total of 53,270,400 shares. Based on an average trading volume of 20,100 shares, the short-interest ratio is presently 1,442.2 days.

Budweiser Brewing Company APAC Stock Performance

Shares of OTCMKTS:BDWBF traded down $0.12 during trading on Friday, reaching $1.01. The stock had a trading volume of 6,300 shares, compared to its average volume of 26,327. Budweiser Brewing Company APAC has a 52 week low of $0.98 and a 52 week high of $2.04. The business’s 50-day moving average price is $1.17 and its 200 day moving average price is $1.33.

Budweiser Brewing Company APAC Company Profile

Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. It offers a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin.