Short Interest in Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Increases By 78.1%

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 3,900,600 shares, an increase of 78.1% from the October 15th total of 2,190,200 shares. Based on an average daily trading volume, of 2,000 shares, the days-to-cover ratio is currently 1,950.3 days.

Tsingtao Brewery Stock Performance

OTCMKTS:TSGTF opened at $6.20 on Friday. Tsingtao Brewery has a 52 week low of $4.89 and a 52 week high of $8.57. The company has a fifty day moving average of $6.65 and a 200 day moving average of $6.62.

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.