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

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

Tsingtao Brewery Price Performance

TSGTY traded down $0.05 during trading on Thursday, hitting $33.35. 874 shares of the company’s stock were exchanged, compared to its average volume of 385. The stock has a 50 day moving average price of $33.88 and a 200 day moving average price of $32.64. Tsingtao Brewery has a 1 year low of $25.05 and a 1 year high of $42.19.

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.