Thai Beverage Public Company Limited (OTCMKTS:TBVPY) Short Interest Up 121.1% in August

Thai Beverage Public Company Limited (OTCMKTS:TBVPY) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 252 shares, a growth of 121.1% from the August 15th total of 114 shares. Based on an average trading volume of 71 shares, the short-interest ratio is currently 3.5 days.

Thai Beverage Public Stock Performance

Shares of OTCMKTS TBVPY opened at $33.60 on Tuesday. The business has a 50-day simple moving average of $34.02 and a two-hundred day simple moving average of $34.09. Thai Beverage Public has a 52 week low of $33.60 and a 52 week high of $38.83.

Thai Beverage Public Company Profile

Thai Beverage Public Company Limited, known as ThaiBev, is one of Southeast Asia’s leading beverage companies. Established in 2003, the company is principally engaged in the production, marketing and distribution of alcoholic beverages, non-alcoholic drinks and food products. Its portfolio includes spirits brands such as Mekhong, SangSom and Hong Thong, beer offerings including Chang and Archa, as well as a range of ready-to-drink and non-alcoholic beverages comprising bottled water, juices and green tea.

In addition to its core beverage operations, ThaiBev has diversified interests in packaging, distribution and property.