Thai Beverage Public Company Limited (OTCMKTS:TBVPY) Shares Shorted: Short Interest Down 50.3% in September

Thai Beverage Public Company Limited (OTCMKTS:TBVPY) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 149 shares, a decrease of 50.3% from the September 15th total of 300 shares. Based on an average daily volume of 5 shares, the days-to-cover ratio is currently 29.8 days.

Thai Beverage Public Stock Performance

OTCMKTS TBVPY opened at $33.24 on Wednesday. The firm has a 50-day moving average of $34.06 and a 200-day moving average of $33.67. Thai Beverage Public has a 52-week low of $33.24 and a 52-week high of $38.83.

About Thai Beverage Public

Thai Beverage Public Company Limited, or ThaiBev, is a Thailand-based beverage company that produces, distributes and markets alcoholic and non-alcoholic drinks. Its portfolio includes spirits, beer, ready-to-drink beverages, bottled water, soft drinks and other consumer products.

The company is best known for Chang beer and a range of Thai spirits, including Mekhong, SangSom, Hong Thong, Blend 285 and Ruang Khao. Through its subsidiaries and associated businesses, ThaiBev also participates in food services and the production and distribution of non-alcoholic beverages, including bottled water, tea and carbonated drinks.

ThaiBev was established in 2001 and has developed a broad distribution network in Thailand, while also serving markets across Southeast Asia and other international regions.