Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Free Report) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 602,008 shares, an increase of 76,784.8% from the June 15th total of 783 shares. Based on an average daily volume of 437 shares, the short-interest ratio is presently 1,377.6 days.
Tsingtao Brewery Stock Performance
OTCMKTS TSGTF remained flat at $5.58 during mid-day trading on Friday. The business has a 50 day simple moving average of $6.16 and a two-hundred day simple moving average of $6.28. Tsingtao Brewery has a fifty-two week low of $5.21 and a fifty-two week high of $7.14.
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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