Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Decreases By 100.0%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 3 shares, a drop 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 presently 0.0 days.

Tsingtao Brewery Stock Performance

Tsingtao Brewery stock remained flat at $5.60 during trading hours on Friday. 4,001 shares of the company’s stock traded hands, compared to its average volume of 3,297. Tsingtao Brewery has a 1 year low of $5.21 and a 1 year high of $7.14. The company’s fifty day moving average is $5.95 and its two-hundred day moving average is $6.24.

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.