Fevertree Drinks PLC (OTCMKTS:FQVTF) Sees Large Increase in Short Interest

Fevertree Drinks PLC (OTCMKTS:FQVTF) was the target of a significant growth in short interest in February. As of February 28th, there was short interest totalling 606,300 shares, a growth of 49.4% from the February 13th total of 405,700 shares. Based on an average daily volume of 1,800 shares, the days-to-cover ratio is currently 336.8 days.

Fevertree Drinks Stock Performance

Shares of OTCMKTS FQVTF remained flat at $9.20 during trading hours on Monday. The company had a trading volume of 233 shares, compared to its average volume of 8,837. The stock has a fifty day moving average price of $8.70 and a two-hundred day moving average price of $9.25. Fevertree Drinks has a twelve month low of $7.50 and a twelve month high of $15.50.

About Fevertree Drinks

Fevertree Drinks Plc, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. The company offers Indian, Mediterranean, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; gingers; sodas; cola and lemonades; cocktails; and sparkling soft drinks.