Tsingtao Brewery Company Limited (OTCMKTS:TSGTY) Short Interest Up 58.3% in December
by Michael Walen · The Markets DailyTsingtao Brewery Company Limited (OTCMKTS:TSGTY – Get Free Report) was the target of a large increase in short interest in 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 trading volume of 600 shares, the short-interest ratio is presently 3.2 days.
Tsingtao Brewery Price Performance
Shares of TSGTY opened at $34.95 on Friday. Tsingtao Brewery has a 12-month low of $25.05 and a 12-month high of $42.19. The firm has a 50-day moving average price of $33.63 and a 200 day moving average price of $32.62.
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.
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