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 trading volume of 437 shares, the short-interest ratio is presently 1,377.6 days.
Tsingtao Brewery Stock Performance
TSGTF stock remained flat at $5.58 during trading on Friday. Tsingtao Brewery has a 1-year low of $5.21 and a 1-year high of $7.14. The company’s fifty day moving average is $6.15 and its two-hundred day moving average is $6.28.
About Tsingtao Brewery
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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