Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Short Interest Update

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) was the recipient of a significant increase in short interest during the month of April. As of April 15th, there was short interest totaling 597,223 shares, an increase of 379.4% from the March 31st total of 124,572 shares. Based on an average trading volume of 4,458,226 shares, the short-interest ratio is currently 0.1 days. Approximately 71.5% of the company’s stock are sold short.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Qube Research & Technologies Ltd bought a new position in shares of Splash Beverage Group during the second quarter valued at $46,000. Susquehanna International Group LLP bought a new position in shares of Splash Beverage Group during the third quarter valued at $33,000. Finally, Citadel Advisors LLC bought a new position in shares of Splash Beverage Group during the third quarter valued at $29,000. 5.77% of the stock is owned by institutional investors.

Splash Beverage Group Stock Performance

NYSEAMERICAN SBEV opened at $0.27 on Monday. Splash Beverage Group has a 12 month low of $0.23 and a 12 month high of $8.40. The stock has a market cap of $2.72 million, a P/E ratio of -0.64 and a beta of -0.93. The stock’s fifty day moving average price is $0.44 and its 200-day moving average price is $0.90. The company has a current ratio of 0.04, a quick ratio of 0.04 and a debt-to-equity ratio of 0.01.

Splash Beverage Group (NYSEAMERICAN:SBEV) last released its earnings results on Wednesday, April 15th. The company reported ($0.81) EPS for the quarter. The firm had revenue of ($3.50) million during the quarter.

About Splash Beverage Group

Splash Beverage Group, Inc is an emerging growth company engaged in the development, acquisition and marketing of consumer beverage brands. The company focuses on non-alcoholic drinks across multiple categories, including functional hydration products, sparkling water blends and children’s beverages. Splash Beverage Group partners with co-packers and distribution networks to scale production and bring its portfolio to market through retail, on-premise and e-commerce channels.

The company’s product lineup includes Water Joe, a line of coffee-infused sparkling waters designed for consumers seeking both caffeine and refreshment in a single beverage.