Suntory Beverage & Food Limited (OTCMKTS:STBFY) Short Interest Down 65.1% in July

Suntory Beverage & Food Limited (OTCMKTS:STBFY) was the target of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 50,516 shares, a drop of 65.1% from the July 15th total of 144,805 shares. Based on an average trading volume of 80,633 shares, the days-to-cover ratio is currently 0.6 days.

Suntory Beverage & Food Trading Up 1.6%

Shares of STBFY traded up $0.24 during mid-day trading on Friday, reaching $14.56. The stock had a trading volume of 5,383 shares, compared to its average volume of 103,213. Suntory Beverage & Food has a 52-week low of $12.83 and a 52-week high of $16.91. The business’s fifty day moving average is $14.06 and its 200 day moving average is $14.40.

About Suntory Beverage & Food

Suntory Beverage & Food Co, Ltd. is a leading Japanese non-alcoholic beverage company and a wholly owned subsidiary of Suntory Holdings Limited. The company develops, produces and distributes a wide range of drinks, including bottled water, teas, coffees, carbonated soft drinks and health-oriented beverages. Key home-market brands include Suntory Tennensui natural mineral water, Iyemon green tea and BOSS canned coffee, while its international portfolio features Orangina, Lucozade and Ribena.

Founded as a distinct operating company in 2009 following the transfer of Suntory’s non-alcoholic beverage business, the company traces its roots back to 1899, when founder Shinjirō Torii launched the first Suntory whisky.