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

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) saw a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 3 shares, a decline of 100.0% from the June 30th total of 602,008 shares. Based on an average daily volume of 2,565 shares, the days-to-cover ratio is currently 0.0 days.

Tsingtao Brewery Price Performance

Tsingtao Brewery stock opened at $5.60 on Friday. The firm has a 50 day simple moving average of $5.93 and a 200-day simple moving average of $6.24. Tsingtao Brewery has a 1-year low of $5.21 and a 1-year 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.