Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Declines By 55.6%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) saw a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 55.6% from the February 28th total of 2,700 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 300 shares, the days-to-cover ratio is presently 4.0 days.

Tsingtao Brewery Price Performance

TSGTY opened at $36.15 on Friday. Tsingtao Brewery has a 12-month low of $25.05 and a 12-month high of $42.19. The stock’s 50-day moving average price is $33.23 and its 200 day moving average price is $33.50.

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.