Tsingtao Brewery Company Limited (OTCMKTS:TSGTY – Get Rating) saw a large increase in short interest in August. As of August 15th, there was short interest totalling 4,700 shares, an increase of 23.7% from the July 31st total of 3,800 shares. Based on an average daily trading volume, of 2,400 shares, the short-interest ratio is presently 2.0 days.
Tsingtao Brewery Trading Up 2.9 %
Shares of OTCMKTS TSGTY opened at $48.92 on Friday. The stock has a market cap of $13.35 billion, a price-to-earnings ratio of 31.77 and a beta of 0.47. Tsingtao Brewery has a 1-year low of $36.00 and a 1-year high of $52.17. The stock's 50-day moving average is $48.51 and its 200 day moving average is $44.05.
Get Tsingtao Brewery alerts:Tsingtao Brewery Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, August 19th. Investors of record on Friday, July 1st were issued a dividend of $0.7219 per share. The ex-dividend date of this dividend was Thursday, June 30th. This represents a dividend yield of 1.42%. Tsingtao Brewery's dividend payout ratio is 46.75%.
Tsingtao Brewery Company Profile
(Get Rating)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.
Further Reading
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