Tsingtao Brewery Company Limited (OTCMKTS:TSGTF – Get Free Report) was the target of a significant drop in short interest in May. As of May 15th, there was short interest totaling 735 shares, a drop of 99.9% from the April 30th total of 1,409,476 shares. Based on an average daily volume of 9,464 shares, the short-interest ratio is currently 0.1 days.
Tsingtao Brewery Stock Performance
Tsingtao Brewery stock opened at $6.14 on Friday. Tsingtao Brewery has a twelve month low of $5.83 and a twelve month high of $7.45. The stock’s 50 day moving average is $6.39 and its 200 day moving average is $6.44.
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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