Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Sees Large Increase in Short Interest

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV - Get Free Report) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totalling 321,000 shares, an increase of 3,278.9% from the March 31st total of 9,500 shares. Based on an average daily volume of 1,770,000 shares, the short-interest ratio is presently 0.2 days. Currently, 23.3% of the shares of the company are short sold.

Splash Beverage Group Stock Performance

Shares of NYSEAMERICAN SBEV traded up $0.53 during trading hours on Thursday, hitting $7.37. 237,705 shares of the stock were exchanged, compared to its average volume of 500,771. Splash Beverage Group has a 1-year low of $0.96 and a 1-year high of $20.83. The company has a market cap of $454.80 million, a PE ratio of -17.14 and a beta of -1.07. The company's fifty day simple moving average is $14.95 and its two-hundred day simple moving average is $10.75.

About Splash Beverage Group

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.