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

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) saw a large decrease in short interest in the month of August. As of August 31st, there was short interest totaling 741 shares, a decrease of 98.1% from the August 15th total of 38,811 shares. Based on an average daily volume of 697 shares, the short-interest ratio is presently 1.1 days.

Tsingtao Brewery Stock Up 4.8%

Shares of OTCMKTS:TSGTF traded up $0.23 during trading on Thursday, hitting $5.00. 7,299 shares of the company’s stock were exchanged, compared to its average volume of 3,499. Tsingtao Brewery has a 1-year low of $4.77 and a 1-year high of $7.14. The firm has a 50-day moving average price of $5.48 and a two-hundred day moving average price of $6.00.

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.