On Dec 8, 2018 Ambev S.A. American Depositary Shares (each Repres (NYSE:ABEV) Shorts Increased By 31.85%

Ambev S.A. (NYSE:ABEV) Corporate Logo

It was noted an increase on Ambev S.A. American Depositary Shares (each Repres (NYSE:ABEV)’s short interest with 31.85%. FINRA announced in December ABEV’s total 24.82 million short interest. That’s 31.85% up from 18.83M shares. With Average volume 33.32 million, ABEV’s previous position will take 1 days to restore. Ambev S.A. American Depositary Shares (each Repres’s short interest float is 0.57%.

Ticker’s shares touched $4.08 during the last trading session after 2.16% change.Ambev S.A. has volume of 19.31 million shares. Since December 8, 2017 ABEV has declined 33.23% and is downtrending. ABEV underperformed by 48.85% the S&P 500.

Ambev S.A., through its subsidiaries, produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas.The firm is worth $65.19 billion. The firm operates through Latin America North, Latin America South, and Canada divisions.23.18 is the P/E ratio. It offers beers primarily under the Skol, Brahma, Quilmes Cristal, Stella Artois, Paceña, Taquiña, Huari, Antarctica Becker, Beck, Leffe, Corona, Báltica, Pilsen, Patricia, Presidente, Brahma Light, President Light, Bohemia, The One, Becker, Bud Light, Ouro Fino, Modelo Especial, Brahva, Brahva Gold, Extra, Hoegaarden, and Budweiser brands.

Ambev S.A. (NYSE:ABEV) Ratings Coverage

In total 3 analysts cover Ambev SA (NYSE:ABEV). “Buy” rating has 1, “Sell” are 1, while 1 are “Hold”. (NYSE:ABEV) has 33% bullish analysts. 3 are the (NYSE:ABEV)’s ratings reports on Dec 8, 2018 according to StockzIntelligence Inc. On Thursday, October 25 the stock has “Underperform” rating by Bank of America. On Monday, June 18 the rating was downgraded by J.P. Morgan to “Hold”. The company rating was upgraded by Barclays Capital on Friday, July 27.

Another two news for Ambev S.A. (NYSE:ABEV) were briefly brought out by: Globenewswire.com on November 27, 2018 with title “New Research: Key Drivers of Growth for CalAmp, Infinera, Ambev SA, Calumet Specialty Products Partners, Proto Labs, and Barrett Business Services — Factors of Influence, Major Initiatives and Sustained Production – GlobeNewswire”. The other Benzinga.com‘s article was titled “Barclays Turns Bullish On AmBev’s Story (NYSE:ABEV) – Benzinga” and brought out on July 27, 2018.

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