TV Asahi Holdings Co. (OTCMKTS:TVAHF) Sees Large Increase in Short Interest

TV Asahi Holdings Co. (OTCMKTS:TVAHF) was the target of a large increase in short interest in February. As of February 28th, there was short interest totalling 7,600 shares, an increase of 31.0% from the February 13th total of 5,800 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 76.0 days.

TV Asahi Stock Performance

Shares of OTCMKTS TVAHF opened at $18.20 on Monday. The firm’s 50-day simple moving average is $16.28 and its 200 day simple moving average is $14.90. TV Asahi has a 12-month low of $12.42 and a 12-month high of $18.56.

TV Asahi Company Profile

TV Asahi Holdings Corporation, together with its subsidiaries, engages in television (TV) broadcasting business in Japan and internationally. The company operates through TV Broadcasting Business, Internet Business, Shopping Business, and Other Businesses segments. It engages in the video distribution with advertisements using the internet, production of video distribution content, and licensing of rights; mail-order sales on TV shopping programs and EC sites; and other businesses, including music publishing, event, equipment sales and leasing, and investment in film business.