Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Sees Significant Decline in Short Interest

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the target of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 4,467,400 shares, a decline of 11.6% from the January 31st total of 5,054,600 shares. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 4,061.3 days.

Tsingtao Brewery Stock Performance

OTCMKTS:TSGTF opened at $6.45 on Friday. Tsingtao Brewery has a 12 month low of $4.89 and a 12 month high of $8.57. The firm has a fifty day simple moving average of $6.45 and a 200-day simple moving average of $6.43.

About Tsingtao Brewery

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.