Tsingtao Brewery Company Limited (OTCMKTS:TSGTY – Get Rating) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totalling 300 shares, a drop of 92.9% from the August 31st total of 4,200 shares. Based on an average daily trading volume, of 3,100 shares, the days-to-cover ratio is currently 0.1 days.
Tsingtao Brewery Stock Performance
OTCMKTS:TSGTY traded up $1.79 during trading hours on Wednesday, reaching $47.97. The stock had a trading volume of 616 shares, compared to its average volume of 1,146. The stock has a market cap of $13.09 billion, a P/E ratio of 31.15 and a beta of 0.47. Tsingtao Brewery has a 12-month low of $36.00 and a 12-month high of $52.17. The stock has a 50 day simple moving average of $47.68 and a 200 day simple moving average of $43.78.
Get Tsingtao Brewery alerts:Tsingtao Brewery Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, August 19th. Shareholders of record on Friday, July 1st were paid a $0.7219 dividend. The ex-dividend date of this dividend was Thursday, June 30th. This represents a yield of 1.42%. Tsingtao Brewery's payout ratio is presently 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.
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