Suntory Beverage & Food Limited (OTCMKTS:STBFY) Sees Significant Drop in Short Interest

Suntory Beverage & Food Limited (OTCMKTS:STBFY) saw a significant drop in short interest in May. As of May 15th, there was short interest totaling 35,915 shares, a drop of 85.5% from the April 30th total of 247,971 shares. Based on an average trading volume of 321,335 shares, the days-to-cover ratio is currently 0.1 days.

Suntory Beverage & Food Stock Up 0.8%

Shares of OTCMKTS:STBFY opened at $13.45 on Friday. Suntory Beverage & Food has a 52-week low of $12.83 and a 52-week high of $16.92. The company has a 50 day moving average of $13.97 and a two-hundred day moving average of $14.97.

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 Shinjir? Torii launched the first Suntory whisky.