Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF – Get Free Report) saw a significant increase in short interest in 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 trading volume, of 10 shares, the days-to-cover ratio is currently 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 firm’s 50-day simple moving average is $9.65 and its two-hundred day simple moving average is $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.
Featured Stories
- Five stocks we like better than Asahi Group
- Why Fastenal’s Latest Drop Could Be Its Biggest Opportunity Yet
- 3 Overlooked Energy ETFs Delivering Strong Returns and Income
- 3 Space Stocks That Could Outshine SpaceX After Its IPO
- JPMorgan’s Q2 Strength Gives the Stock Rally New Support
Receive News & Ratings for Asahi Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Asahi Group and related companies with MarketBeat.com's FREE daily email newsletter.
