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

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) saw a large increase in short interest in 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 volume of 16,390 shares, the short-interest ratio is currently 0.4 days.

Analyst Upgrades and Downgrades

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

Tsingtao Brewery Stock Performance

Tsingtao Brewery stock traded up $0.02 during mid-day trading on Thursday, reaching $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 twelve month low of $4.55 and a twelve month high of $7.14. The business has a 50 day moving average price of $5.35 and a 200-day moving average price of $5.89.

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.