Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Free Report) was the recipient of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 783 shares, a decrease of 97.4% from the May 31st total of 30,135 shares. Based on an average trading volume of 11,628 shares, the short-interest ratio is currently 0.1 days.
Tsingtao Brewery Stock Performance
TSGTF remained flat at $5.80 during trading on Thursday. The company’s stock had a trading volume of 550 shares, compared to its average volume of 3,613. Tsingtao Brewery has a twelve month low of $5.54 and a twelve month high of $7.14. The firm’s 50 day simple moving average is $6.34 and its 200 day simple moving average is $6.35.
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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