Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Short Interest Down 99.9% in May

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 735 shares, a decline of 99.9% from the April 30th total of 1,409,476 shares. Based on an average daily volume of 9,464 shares, the days-to-cover ratio is currently 0.1 days.

Tsingtao Brewery Trading Down 4.9%

TSGTF traded down $0.32 on Wednesday, hitting $6.14. 25,300 shares of the company’s stock were exchanged, compared to its average volume of 3,669. Tsingtao Brewery has a fifty-two week low of $5.83 and a fifty-two week high of $7.45. The firm has a 50-day moving average price of $6.40 and a 200-day moving average price of $6.45.

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.