Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) Short Interest Down 23.4% in April

Tsingtao Brewery Company Limited (OTCMKTS:TSGTF) was the recipient of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 2,959,000 shares, a decline of 23.4% from the March 31st total of 3,863,000 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is presently 441.6 days.

Tsingtao Brewery Price Performance

Shares of OTCMKTS TSGTF opened at $7.01 on Friday. The business has a fifty day simple moving average of $7.04 and a 200-day simple moving average of $6.72. Tsingtao Brewery has a 12 month low of $4.89 and a 12 month high of $8.57.

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.