Thai Beverage Public Company Limited (OTCMKTS:TBVPF) Short Interest Down 42.8% in August

Thai Beverage Public Company Limited (OTCMKTS:TBVPF) was the target of a large decrease in short interest in August. As of August 14th, there was short interest totaling 2,580,000 shares, a decrease of 42.8% from the July 30th total of 4,512,953 shares. Based on an average daily volume of 2,538 shares, the days-to-cover ratio is currently 1,016.5 days.

Thai Beverage Public Price Performance

TBVPF stock opened at $0.40 on Tuesday. Thai Beverage Public has a 12-month low of $0.30 and a 12-month high of $0.40. The stock’s 50 day simple moving average is $0.35 and its 200 day simple moving average is $0.34.

Thai Beverage Public Company Profile

Thai Beverage Public Company Limited (OTCMKTS:TBVPF) is one of Southeast Asia’s largest integrated beverage producers, headquartered in Bangkok, Thailand. The company engages in the manufacturing, marketing and distribution of a diverse portfolio of alcoholic and non-alcoholic beverages. Its product lineup includes beer, spirits, ready-to-drink teas, drinking water, fruit juices and energy drinks, serving both domestic and international markets.

On the alcoholic side, Thai Beverage’s flagship brands include Chang beer and a range of spirits such as Mekhong and SangSom.