Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Increases By 58.3%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totalling 1,900 shares, an increase of 58.3% from the November 30th total of 1,200 shares. Based on an average daily volume of 600 shares, the days-to-cover ratio is currently 3.2 days.

Tsingtao Brewery Price Performance

Shares of TSGTY opened at $34.95 on Monday. Tsingtao Brewery has a 52-week low of $25.05 and a 52-week high of $42.19. The business’s 50 day moving average price is $33.63 and its two-hundred day moving average price is $32.60.

Tsingtao Brewery Company Profile

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.