Suntory Beverage & Food Limited (OTCMKTS:STBFY – Get Free Report) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 89,888 shares, an increase of 77.9% from the July 30th total of 50,516 shares. Based on an average daily trading volume, of 76,959 shares, the days-to-cover ratio is currently 1.2 days.
Suntory Beverage & Food Stock Down 0.7%
Shares of STBFY stock opened at $14.05 on Tuesday. Suntory Beverage & Food has a 12-month low of $12.83 and a 12-month high of $16.91. The business has a 50-day moving average price of $14.27 and a two-hundred day moving average price of $14.24.
Suntory Beverage & Food Company Profile
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 ShinjirÅ Torii launched the first Suntory whisky.
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