Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 38,811 shares, a growth of 1,293,600.0% from the July 30th total of 3 shares. Based on an average trading volume of 3,643 shares, the days-to-cover ratio is presently 10.7 days.
Tsingtao Brewery Stock Performance
Shares of TSGTF stock remained flat at $5.62 on Tuesday. The business has a 50-day simple moving average of $5.67 and a 200-day simple moving average of $6.12. Tsingtao Brewery has a fifty-two week low of $5.21 and a fifty-two week high of $7.14.
About Tsingtao Brewery
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.
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