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

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

Tsingtao Brewery Price Performance

TSGTF remained flat at $6.09 during midday trading on Tuesday. The company’s stock had a trading volume of 12,200 shares, compared to its average volume of 3,737. The company’s 50-day moving average is $6.37 and its two-hundred day moving average is $6.42. Tsingtao Brewery has a 1-year low of $5.83 and a 1-year 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.