Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Expands By 58.3%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) saw a large increase in short interest in December. As of December 15th, there was short interest totalling 1,900 shares, an increase of 58.3% from the November 30th total of 1,200 shares. Based on an average daily trading volume, of 600 shares, the short-interest ratio is currently 3.2 days.

Tsingtao Brewery Price Performance

Shares of Tsingtao Brewery stock opened at $34.95 on Friday. The business has a 50 day simple moving average of $33.63 and a two-hundred day simple moving average of $32.62. Tsingtao Brewery has a 12 month low of $25.05 and a 12 month high of $42.19.

About Tsingtao Brewery

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.