Short Interest in Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Drops By 43.9%

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) was the recipient of a significant drop in short interest in May. As of May 15th, there was short interest totalling 39,200 shares, a drop of 43.9% from the April 30th total of 69,900 shares. Approximately 2.8% of the company’s stock are sold short. Based on an average daily volume of 1,800,000 shares, the days-to-cover ratio is presently 0.0 days.

Splash Beverage Group Price Performance

Shares of SBEV stock opened at $3.79 on Monday. The stock has a market cap of $233.88 million, a P/E ratio of -8.81 and a beta of -1.07. The company has a fifty day moving average price of $8.51 and a two-hundred day moving average price of $9.99. Splash Beverage Group has a one year low of $0.96 and a one year high of $20.80.

About Splash Beverage Group

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.