Short Interest in Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) Grows By 3,278.9%

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV - Get Free Report) was the target of a large increase in short interest during the month of 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. Currently, 23.3% of the company's shares are short sold. Based on an average daily volume of 1,770,000 shares, the short-interest ratio is currently 0.2 days.

Splash Beverage Group Stock Performance

Shares of SBEV traded down $1.15 during midday trading on Friday, hitting $6.04. 441,249 shares of the stock were exchanged, compared to its average volume of 498,432. Splash Beverage Group has a 52-week low of $0.96 and a 52-week high of $20.83. The stock has a fifty day simple moving average of $14.98 and a 200 day simple moving average of $10.83. The firm has a market cap of $372.73 million, a P/E ratio of -14.05 and a beta of -1.07.

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.

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