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

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the recipient of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 6,742 shares, an increase of 809.9% from the August 31st total of 741 shares. Based on an average daily trading volume, of 16,390 shares, the days-to-cover ratio is currently 0.4 days.

Tsingtao Brewery Trading Up 0.4%

Shares of OTCMKTS:TSGTF traded up $0.02 on Thursday, hitting $4.57. The company’s stock had a trading volume of 3,500 shares, compared to its average volume of 3,439. Tsingtao Brewery has a 12 month low of $4.55 and a 12 month high of $7.14. The stock’s 50-day moving average is $5.35 and its two-hundred day moving average is $5.89.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered Tsingtao Brewery to a “neutral” rating in a research report on Thursday, September 17th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

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.