Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) Short Interest Down 87.8% in February

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) saw a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 3,145,900 shares, a drop of 87.8% from the February 13th total of 25,857,100 shares. Based on an average daily volume of 5,600 shares, the days-to-cover ratio is currently 561.8 days.

Budweiser Brewing Company APAC Price Performance

OTCMKTS:BDWBF opened at $1.06 on Thursday. Budweiser Brewing Company APAC has a 12-month low of $0.88 and a 12-month high of $1.52. The stock’s 50 day simple moving average is $0.94 and its 200-day simple moving average is $1.02.

About Budweiser Brewing Company APAC

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.