Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Drops By 97.4%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTFGet Free Report) was the recipient of a large decline in short interest in June. As of June 15th, there was short interest totaling 783 shares, a decline of 97.4% from the May 31st total of 30,135 shares. Based on an average trading volume of 11,628 shares, the short-interest ratio is currently 0.1 days.

Tsingtao Brewery Price Performance

Shares of OTCMKTS:TSGTF opened at $5.80 on Friday. Tsingtao Brewery has a 52-week low of $5.54 and a 52-week high of $7.14. The company has a 50 day moving average of $6.31 and a two-hundred day moving average of $6.34.

Tsingtao Brewery Company Profile

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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.

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