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

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the target of a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 2,190,200 shares, a growth of 59.0% from the September 30th total of 1,377,200 shares. Based on an average daily volume of 5,800 shares, the short-interest ratio is currently 377.6 days.

Tsingtao Brewery Price Performance

TSGTF remained flat at $7.31 during midday trading on Friday. The company has a fifty day simple moving average of $6.35 and a 200 day simple moving average of $6.62. Tsingtao Brewery has a 52-week low of $4.89 and a 52-week high of $8.57.

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.