Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Sees Significant Growth in Short Interest

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) saw a large growth in short interest during the month of March. As of March 31st, there was short interest totalling 472,700 shares, a growth of 11.9% from the March 15th total of 422,300 shares. Based on an average daily trading volume, of 15,100 shares, the short-interest ratio is presently 31.3 days.

Asahi Group Stock Performance

Asahi Group stock opened at $35.81 on Friday. The stock’s 50 day moving average is $35.51 and its 200 day moving average is $36.32. Asahi Group has a twelve month low of $34.25 and a twelve month high of $41.00.

About Asahi Group

Asahi Group Holdings, Ltd., together with its subsidiaries, manufactures and sells alcoholic beverages, soft drinks, and food products in Japan, Europe, Oceania, and Southeast Asia. The company offers alcoholic beverage products, including beers, non-alcohol beer, new genre, wines, shochu, whiskey and spirits, ready-to-drink beverages, ciders, and happoshu products.