Budweiser Brewing Company APAC Limited (OTCMKTS:BDWBF – Get Free Report) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 13,950,625 shares, a decrease of 51.4% from the June 30th total of 28,726,393 shares. Based on an average daily volume of 1,303 shares, the days-to-cover ratio is presently 10,706.5 days.
Budweiser Brewing Company APAC Stock Performance
OTCMKTS BDWBF opened at $0.83 on Wednesday. The business’s 50-day moving average price is $0.86 and its 200 day moving average price is $0.93. Budweiser Brewing Company APAC has a twelve month low of $0.78 and a twelve month high of $1.23.
About Budweiser Brewing Company APAC
Budweiser Brewing Company APAC (OTCMKTS:BDWBF) is a leading brewer and distributor of packaged beers across the Asia-Pacific region. The company’s core operations encompass brewing, marketing and sales of global and local beer brands, supported by an integrated supply chain that spans malting, production and logistics. Its product portfolio includes flagship international labels such as Budweiser, Stella Artois and Corona, alongside regionally tailored variants designed to meet diverse consumer preferences.
In November 2023, BDWBF was spun off from Anheuser-Busch InBev and began independent trading on the Hong Kong Stock Exchange and OTC Markets.
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