Tsingtao Brewery Co. (OTCMKTS:TSGTY) Short Interest Update

Key Points

• Tsingtao Brewery Co. experienced a significant decrease in short interest, dropping from 800 shares to just 100 shares as of August 31st, a reduction of 87.5%.
• The stock price remained stable at $31.50 with a very low trading volume of only 34 shares compared to its average of 817 shares.
• Tsingtao Brewery operates in various segments, including regional markets in China and overseas, and focuses on the production and distribution of beer products.

Tsingtao Brewery Co. (OTCMKTS:TSGTY - ) was the recipient of a large drop in short interest in August. As of August 31st, there was short interest totaling 100 shares, a drop of 87.5% from the August 15th total of 800 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 1,100 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the shares of the stock are short sold.

Tsingtao Brewery Stock Performance

OTCMKTS TSGTY remained flat at $31.50 on Thursday. The company's stock had a trading volume of 34 shares, compared to its average volume of 817. The stock's 50 day moving average price is $32.06 and its two-hundred day moving average price is $33.97. Tsingtao Brewery has a 52-week low of $25.05 and a 52-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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.