Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF – Get Free Report) was the target of a significant increase in short interest during the month of June. As of June 30th, there was short interest totaling 2,377,030 shares, an increase of 114.2% from the June 15th total of 1,109,889 shares. Based on an average daily volume of 10 shares, the days-to-cover ratio is presently 237,703.0 days.
Asahi Group Price Performance
Shares of ASBRF stock opened at $9.75 on Wednesday. Asahi Group has a 52-week low of $8.83 and a 52-week high of $13.78. The company has a 50-day simple moving average of $9.65 and a two-hundred day simple moving average of $10.14.
About Asahi Group
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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