Short Interest in Fevertree Drinks PLC (OTCMKTS:FQVTF) Expands By 73.6%

Fevertree Drinks PLC (OTCMKTS:FQVTF) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 33,553 shares, an increase of 73.6% from the April 30th total of 19,325 shares. Based on an average daily volume of 5,477 shares, the short-interest ratio is currently 6.1 days.

Fevertree Drinks Stock Performance

FQVTF opened at $10.06 on Thursday. The stock has a fifty day moving average of $10.64 and a 200-day moving average of $11.13. Fevertree Drinks has a 12-month low of $9.55 and a 12-month high of $13.45.

Analyst Ratings Changes

A number of research analysts recently weighed in on FQVTF shares. Barclays upgraded Fevertree Drinks from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada reiterated a “sector perform” rating on shares of Fevertree Drinks in a research note on Tuesday, February 24th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, Fevertree Drinks has an average rating of “Moderate Buy”.

Fevertree Drinks Company Profile

Fevertree Drinks is a London-based producer of premium beverage mixers, best known for its tonic waters, ginger beers and soda waters. The company focuses on crafting high-quality mixers using natural ingredients, positioning its products as artisanal complements to spirits such as gin, vodka and whiskey. Its offerings are designed to deliver a distinctive taste experience and cater to a growing consumer preference for premium, naturally-sourced beverages.

Founded in 2005 by Tim Warrillow and Charles Rolls, Fevertree was born out of a shared vision to elevate the mixer category through better ingredients and flavor.