Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Sees Large Increase in Short Interest

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) saw a significant increase in short interest in January. As of January 15th, there was short interest totalling 3,600 shares, an increase of 89.5% from the December 31st total of 1,900 shares. Based on an average daily volume of 800 shares, the days-to-cover ratio is presently 4.5 days.

Tsingtao Brewery Price Performance

Shares of TSGTY stock remained flat at $31.01 during mid-day trading on Friday. The stock had a trading volume of 1 shares, compared to its average volume of 502. Tsingtao Brewery has a twelve month low of $25.05 and a twelve month high of $42.19. The firm’s 50-day moving average is $33.71 and its 200-day moving average is $32.67.

About Tsingtao Brewery

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.