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

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) was the target of a large increase in short interest during the month of 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 Trading Down 2.9 %

Shares of TSGTY opened at $34.95 on Friday. Tsingtao Brewery has a 52 week low of $25.05 and a 52 week high of $42.19. The firm’s 50-day simple moving average is $33.63 and its 200 day simple moving average is $32.64.

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.