Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Decreases By 97.4%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTFGet Free Report) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 783 shares, a decline of 97.4% from the May 31st total of 30,135 shares. Based on an average daily trading volume, of 11,628 shares, the short-interest ratio is currently 0.1 days.

Tsingtao Brewery Stock Performance

Shares of TSGTF stock opened at $5.80 on Friday. The company has a fifty day moving average price of $6.32 and a two-hundred day moving average price of $6.34. Tsingtao Brewery has a one year low of $5.54 and a one year high of $7.14.

About Tsingtao Brewery

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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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