Thai Beverage Public Company Limited (OTCMKTS:TBVPY – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 149 shares, a decline of 50.3% from the September 15th total of 300 shares. Based on an average daily trading volume, of 5 shares, the short-interest ratio is presently 29.8 days.
Thai Beverage Public Stock Performance
TBVPY opened at $33.24 on Wednesday. Thai Beverage Public has a 52-week low of $33.24 and a 52-week high of $38.83. The business’s 50-day simple moving average is $34.06 and its 200 day simple moving average is $33.67.
Thai Beverage Public Company Profile
Thai Beverage Public Company Limited, or ThaiBev, is a Thailand-based beverage company that produces, distributes and markets alcoholic and non-alcoholic drinks. Its portfolio includes spirits, beer, ready-to-drink beverages, bottled water, soft drinks and other consumer products.
The company is best known for Chang beer and a range of Thai spirits, including Mekhong, SangSom, Hong Thong, Blend 285 and Ruang Khao. Through its subsidiaries and associated businesses, ThaiBev also participates in food services and the production and distribution of non-alcoholic beverages, including bottled water, tea and carbonated drinks.
ThaiBev was established in 2001 and has developed a broad distribution network in Thailand, while also serving markets across Southeast Asia and other international regions.
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