Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) Short Interest Up 82.3% in April

Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF) was the target of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 4,854,500 shares, an increase of 82.3% from the March 31st total of 2,663,200 shares. Based on an average daily trading volume, of 5,300 shares, the days-to-cover ratio is currently 915.9 days.

Budweiser Brewing Company APAC Stock Performance

Budweiser Brewing Company APAC stock remained flat at $1.41 during midday trading on Friday. Budweiser Brewing Company APAC has a 12-month low of $1.23 and a 12-month high of $2.97. The business’s fifty day moving average is $1.47 and its two-hundred day moving average is $1.66.

About Budweiser Brewing Company APAC

Budweiser Brewing Company APAC Limited, an investment holding company, produces, imports, markets, distributes, and sells beer and other non-beer beverages primarily in China, South Korea, India, Vietnam, and the other Asia Pacific regions. It offers a portfolio of beer brands, including Budweiser, Stella Artois, Corona, Hoegaarden, Cass, and Harbin.