Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Free Report) was the target of a significant growth in short interest in August. As of August 14th, there was short interest totaling 38,811 shares, a growth of 1,293,600.0% from the July 30th total of 3 shares. Based on an average daily trading volume, of 3,643 shares, the days-to-cover ratio is presently 10.7 days.
Tsingtao Brewery Price Performance
Shares of OTCMKTS TSGTF opened at $5.62 on Wednesday. Tsingtao Brewery has a 12 month low of $5.21 and a 12 month high of $7.14. The stock has a 50-day moving average price of $5.66 and a two-hundred day moving average price of $6.12.
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.
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