Fevertree Drinks PLC (OTCMKTS:FQVTF) Sees Significant Drop in Short Interest

Fevertree Drinks PLC (OTCMKTS:FQVTF) was the recipient of a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 530,600 shares, a decline of 14.4% from the March 31st total of 620,100 shares. Based on an average daily volume of 15,000 shares, the days-to-cover ratio is currently 35.4 days.

Fevertree Drinks Stock Performance

OTCMKTS FQVTF opened at $11.00 on Monday. Fevertree Drinks has a 12 month low of $7.50 and a 12 month high of $15.00. The company’s 50-day moving average price is $9.83 and its 200-day moving average price is $9.15.

About Fevertree Drinks

Fevertree Drinks Plc, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.