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

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) was the target of a large drop in short interest during the month of September. As of September 30th, there was short interest totalling 18,216,600 shares, a drop of 42.9% from the September 15th total of 31,891,800 shares. Based on an average daily trading volume, of 37,600 shares, the days-to-cover ratio is currently 484.5 days.

Budweiser Brewing Company APAC Price Performance

BDWBF opened at $1.20 on Friday. The company’s 50 day moving average price is $1.15 and its two-hundred day moving average price is $1.27. Budweiser Brewing Company APAC has a fifty-two week low of $0.93 and a fifty-two week high of $2.02.

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.