Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF – Get Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 5,571,210 shares, a growth of 160.2% from the July 30th total of 2,140,735 shares. Based on an average trading volume of 146 shares, the short-interest ratio is presently 38,159.0 days.
Asahi Group Stock Performance
Shares of ASBRF stock opened at $10.00 on Friday. The company has a 50 day moving average of $9.96 and a 200-day moving average of $10.02. Asahi Group has a 12-month low of $8.83 and a 12-month high of $13.45.
Asahi Group Company Profile
Asahi Group Holdings, Ltd. is a Japan-based beverage and food company best known for its brewing operations, including the flagship Asahi Super Dry beer. The company’s core activities span brewing, soft drinks, distilled spirits and food products. Through its primary operating subsidiaries—Asahi Breweries, Ltd., Asahi Soft Drinks Co, Ltd. and Asahi Food & Healthcare Co, Ltd.—Asahi Group offers a diverse portfolio that includes lagers, craft-style beers, carbonated beverages, juices, ready-to-drink teas and health-oriented food products.
The origins of Asahi Group date back to 1889 when Osaka Beer Co commenced operations in Osaka, Japan.
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