Suntory Beverage & Food Limited (OTCMKTS:STBFY) Sees Large Increase in Short Interest

Suntory Beverage & Food Limited (OTCMKTS:STBFY) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 54,337 shares, an increase of 224.4% from the February 12th total of 16,748 shares. Based on an average daily volume of 144,241 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 144,241 shares, the days-to-cover ratio is presently 0.4 days.

Suntory Beverage & Food Price Performance

Shares of Suntory Beverage & Food stock opened at $14.80 on Wednesday. Suntory Beverage & Food has a 12 month low of $14.51 and a 12 month high of $18.05. The business has a fifty day simple moving average of $15.61 and a two-hundred day simple moving average of $15.59.

About Suntory Beverage & Food

Suntory Beverage & Food Co, Ltd. is a leading Japanese non-alcoholic beverage company and a wholly owned subsidiary of Suntory Holdings Limited. The company develops, produces and distributes a wide range of drinks, including bottled water, teas, coffees, carbonated soft drinks and health-oriented beverages. Key home-market brands include Suntory Tennensui natural mineral water, Iyemon green tea and BOSS canned coffee, while its international portfolio features Orangina, Lucozade and Ribena.

Founded as a distinct operating company in 2009 following the transfer of Suntory’s non-alcoholic beverage business, the company traces its roots back to 1899, when founder Shinjirō Torii launched the first Suntory whisky.