Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Rises By 76,784.8%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the target of a significant growth in short interest during the month of June. As of June 30th, there was short interest totaling 602,008 shares, a growth of 76,784.8% from the June 15th total of 783 shares. Based on an average daily trading volume, of 437 shares, the days-to-cover ratio is currently 1,377.6 days.

Tsingtao Brewery Price Performance

Shares of TSGTF remained flat at $5.58 during mid-day trading on Friday. Tsingtao Brewery has a fifty-two week low of $5.21 and a fifty-two week high of $7.14. The business’s fifty day moving average is $6.15 and its 200-day moving average is $6.28.

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.