Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Expands By 4,000.0%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) saw a large growth in short interest in May. As of May 29th, there was short interest totaling 30,135 shares, a growth of 4,000.0% from the May 14th total of 735 shares. Based on an average trading volume of 6,356 shares, the days-to-cover ratio is presently 4.7 days.

Tsingtao Brewery Stock Performance

OTCMKTS TSGTF remained flat at $6.09 during mid-day trading on Tuesday. 12,200 shares of the company traded hands, compared to its average volume of 3,737. The firm’s fifty day moving average price is $6.37 and its 200 day moving average price is $6.42. Tsingtao Brewery has a twelve month low of $5.83 and a twelve month high of $7.14.

Tsingtao Brewery Company Profile

Tsingtao Brewery Co, Ltd. is one of China’s oldest and most recognized beer producers, headquartered in Qingdao, Shandong Province. The company specializes in the brewing, packaging and distribution of a broad portfolio of beer brands, with a focus on pale lagers and specialty brews. Its operations encompass all stages of production, from raw material sourcing and fermentation to quality control and logistics, ensuring consistent taste and brand integrity.

The company’s flagship product, Tsingtao Lager, is brewed using spring water from the Laoshan Mountains and high-quality malted barley, resulting in a crisp and refreshing flavor profile.