Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Drops By 55.6%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 1,200 shares, a drop of 55.6% from the February 28th total of 2,700 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily trading volume, of 300 shares, the short-interest ratio is currently 4.0 days.

Tsingtao Brewery Stock Performance

OTCMKTS:TSGTY opened at $36.15 on Friday. The company’s 50-day simple moving average is $33.23 and its 200-day simple moving average is $33.50. Tsingtao Brewery has a fifty-two week low of $25.05 and a fifty-two week high of $42.19.

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.