Short Interest in Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) Declines By 21.6%

Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF) was the recipient of a significant drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,457,100 shares, a drop of 21.6% from the October 15th total of 1,859,500 shares. Based on an average daily volume of 7,400 shares, the short-interest ratio is currently 196.9 days.

Asahi Group Stock Down 9.4 %

Shares of OTCMKTS:ASBRF opened at $10.35 on Friday. Asahi Group has a fifty-two week low of $10.35 and a fifty-two week high of $14.10. The business has a 50-day moving average of $19.18 and a two-hundred day moving average of $29.85.

Asahi Group Company Profile

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.