Thai Beverage Public Company Limited (OTCMKTS:TBVPF) Sees Large Decrease in Short Interest

Thai Beverage Public Company Limited (OTCMKTS:TBVPFGet Free Report) saw a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 2,580,000 shares, a decline of 42.8% from the July 30th total of 4,512,953 shares. Based on an average trading volume of 2,538 shares, the days-to-cover ratio is currently 1,016.5 days.

Thai Beverage Public Price Performance

Shares of TBVPF opened at $0.40 on Friday. The stock’s fifty day simple moving average is $0.35 and its 200-day simple moving average is $0.34. Thai Beverage Public has a 12-month low of $0.30 and a 12-month high of $0.40.

Thai Beverage Public Company Profile

(Get Free Report)

Thai Beverage Public Company Limited (OTCMKTS:TBVPF) is one of Southeast Asia’s largest integrated beverage producers, headquartered in Bangkok, Thailand. The company engages in the manufacturing, marketing and distribution of a diverse portfolio of alcoholic and non-alcoholic beverages. Its product lineup includes beer, spirits, ready-to-drink teas, drinking water, fruit juices and energy drinks, serving both domestic and international markets.

On the alcoholic side, Thai Beverage’s flagship brands include Chang beer and a range of spirits such as Mekhong and SangSom.

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