Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Short Interest Update

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the target of a large increase in short interest in April. As of April 15th, there was short interest totalling 382,900 shares, an increase of 40.5% from the March 31st total of 272,600 shares. Based on an average daily trading volume, of 2,500 shares, the short-interest ratio is presently 153.2 days.

Tsingtao Brewery Stock Performance

Shares of Tsingtao Brewery stock traded up $0.38 on Monday, hitting $6.88. 200 shares of the company traded hands, compared to its average volume of 3,976. Tsingtao Brewery has a 12-month low of $5.37 and a 12-month high of $10.71. The firm’s 50-day simple moving average is $6.65 and its 200 day simple moving average is $6.63.

Tsingtao Brewery Company Profile

Tsingtao Brewery Company Limited, together with its subsidiaries, engages in the production, distribution, wholesale, and retail sale of beer products worldwide. It operates through seven segments: Shandong Region; South China Region; North China Region; East China Region; Southeast China Region; Hong Kong, Macau and Other Overseas Region; and Finance Company.