Short Interest in Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) Decreases By 80.7%

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) was the target of a significant drop in short interest during the month of October. As of October 15th, there was short interest totalling 3,515,100 shares, a drop of 80.7% from the September 30th total of 18,216,600 shares. Based on an average daily trading volume, of 73,300 shares, the short-interest ratio is currently 48.0 days.

Budweiser Brewing Company APAC Price Performance

Shares of BDWBF traded up $0.03 during trading hours on Friday, reaching $1.15. The stock had a trading volume of 5,261 shares, compared to its average volume of 48,787. The firm has a 50-day simple moving average of $1.16 and a 200 day simple moving average of $1.26. Budweiser Brewing Company APAC has a 12 month low of $0.93 and a 12 month high of $2.02.

Budweiser Brewing Company APAC Company Profile

Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. It offers a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin.