Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Short Interest Down 64.0% in August

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the recipient of a significant drop in short interest in the month of August. As of August 31st, there was short interest totalling 282,600 shares, a drop of 64.0% from the August 15th total of 785,700 shares. Based on an average daily volume of 2,600 shares, the short-interest ratio is presently 108.7 days.

Tsingtao Brewery Price Performance

OTCMKTS:TSGTF remained flat at $5.53 during midday trading on Friday. The stock’s 50 day moving average price is $5.91 and its 200 day moving average price is $6.60. Tsingtao Brewery has a twelve month low of $5.23 and a twelve month high of $8.59.

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.