Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) Sees Large Increase in Short Interest

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) was the recipient of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 12,742,200 shares, a growth of 262.5% from the October 15th total of 3,515,100 shares. Based on an average daily volume of 105,500 shares, the short-interest ratio is currently 120.8 days.

Budweiser Brewing Company APAC Price Performance

Shares of BDWBF stock remained flat at $1.15 during trading hours on Tuesday. Budweiser Brewing Company APAC has a twelve month low of $0.93 and a twelve month high of $2.00. The company has a 50-day simple moving average of $1.14 and a two-hundred day simple moving average of $1.24.

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.