Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Sees Large Increase in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF – Get Rating) saw a large growth in short interest in the month of May. As of May 15th, there was short interest totalling 5,027,400 shares, a growth of 101.6% from the April 30th total of 2,494,100 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

TCYMF stock remained flat at $$1.76 during trading on Friday. The company had a trading volume of 34,000 shares, compared to its average volume of 875. The business’s fifty day simple moving average is $1.82 and its 200 day simple moving average is $1.97. Tingyi has a fifty-two week low of $1.69 and a fifty-two week high of $2.33.

Tingyi (Cayman Islands) Company Profile (Get Rating)

Tingyi (Cayman Islands) Holding Corp., an investment holding company, produces and sells instant noodles, beverages, and instant food products in the People's Republic of China. The company operates through Instant Noodles, Beverages, and Others segments. The company offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.

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