Asahi Group Holdings, Ltd. (OTCMKTS:ASBRF – Get Free Report) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 2,377,030 shares, a growth of 114.2% from the June 15th total of 1,109,889 shares. Based on an average daily volume of 10 shares, the short-interest ratio is currently 237,703.0 days.
Asahi Group Stock Performance
Asahi Group stock opened at $9.75 on Friday. The business has a 50-day simple moving average of $9.65 and a two-hundred day simple moving average of $10.14. Asahi Group has a 52-week low of $8.83 and a 52-week high of $13.78.
Asahi Group Company Profile
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.
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