Thai Beverage Public Company Limited (OTCMKTS:TBVPF – Get Free Report) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 1,526,617 shares, a drop of 40.8% from the August 15th total of 2,580,000 shares. Based on an average daily trading volume, of 2,073 shares, the days-to-cover ratio is presently 736.4 days.
Thai Beverage Public Price Performance
Shares of OTCMKTS:TBVPF remained flat at $0.37 during mid-day trading on Thursday. The company’s 50 day moving average price is $0.36 and its 200 day moving average price is $0.34. Thai Beverage Public has a 1 year low of $0.30 and a 1 year high of $0.40.
Thai Beverage Public Company Profile
Thai Beverage Public Company Limited (OTCMKTS:TBVPF) is one of Southeast Asia’s largest integrated beverage producers, headquartered in Bangkok, Thailand. The company engages in the manufacturing, marketing and distribution of a diverse portfolio of alcoholic and non-alcoholic beverages. Its product lineup includes beer, spirits, ready-to-drink teas, drinking water, fruit juices and energy drinks, serving both domestic and international markets.
On the alcoholic side, Thai Beverage’s flagship brands include Chang beer and a range of spirits such as Mekhong and SangSom.
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