Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Drops By 50.0%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 600 shares, a decrease of 50.0% from the March 31st total of 1,200 shares. Based on an average trading volume of 2,400 shares, the days-to-cover ratio is presently 0.3 days.

Tsingtao Brewery Stock Performance

Shares of TSGTY stock opened at $35.52 on Friday. Tsingtao Brewery has a one year low of $27.85 and a one year high of $55.31. The firm’s 50 day moving average price is $33.53 and its 200-day moving average price is $33.40.

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.