Fevertree Drinks PLC (OTCMKTS:FQVTF) Short Interest Update

Fevertree Drinks PLC (OTCMKTS:FQVTF) was the recipient of a significant decrease in short interest in the month of February. As of February 13th, there was short interest totaling 17,224 shares, a decrease of 89.8% from the January 29th total of 168,286 shares. Based on an average trading volume of 10,802 shares, the days-to-cover ratio is currently 1.6 days. Based on an average trading volume of 10,802 shares, the days-to-cover ratio is currently 1.6 days.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Barclays raised Fevertree Drinks from an “equal weight” rating to an “overweight” rating in a research report on Wednesday, February 11th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Fevertree Drinks in a report on Tuesday. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Fevertree Drinks Trading Up 2.1%

FQVTF stock traded up $0.26 during trading hours on Wednesday, hitting $12.80. 1,777 shares of the stock traded hands, compared to its average volume of 2,101. The stock has a 50-day simple moving average of $11.74 and a 200 day simple moving average of $11.35. Fevertree Drinks has a one year low of $8.50 and a one year high of $13.45.

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.