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Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Sees Significant Growth in Short Interest

Tsingtao Brewery logo with Consumer Staples background

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY - Get Free Report) saw a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 200 shares, a growth of 100.0% from the October 15th total of 100 shares. Based on an average daily volume of 400 shares, the short-interest ratio is currently 0.5 days.

Tsingtao Brewery Stock Up 0.2 %

Shares of TSGTY stock traded up $0.07 during mid-day trading on Wednesday, reaching $33.87. 971 shares of the company were exchanged, compared to its average volume of 2,137. Tsingtao Brewery has a fifty-two week low of $25.05 and a fifty-two week high of $42.19. The business's 50 day simple moving average is $33.22 and its 200 day simple moving average is $33.66.

Tsingtao Brewery Company Profile

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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.

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