Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Short Interest Down 45.4% in May

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCFGet Free Report) was the recipient of a large drop in short interest in the month of May. As of May 31st, there was short interest totalling 3,806,900 shares, a drop of 45.4% from the May 15th total of 6,967,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Tongcheng Travel Stock Performance

Tongcheng Travel stock opened at $2.30 on Monday. The stock’s fifty day moving average price is $2.30 and its two-hundred day moving average price is $2.30. Tongcheng Travel has a one year low of $2.30 and a one year high of $2.30.

About Tongcheng Travel

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Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. The company offers transportation ticketing, accommodation reservation, attraction ticketing, and various ancillary value-added products and services. It also offers platform service of hotel business; and hotel management, business process outsourcing, information technology outsourcing, advertising, and insurance agency services.

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