TUI AG (OTCMKTS:TUIFF) Sees Significant Drop in Short Interest

TUI AG (OTCMKTS:TUIFF) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 692,400 shares, a drop of 27.8% from the August 15th total of 958,700 shares. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 432.8 days. Based on an average daily trading volume, of 1,600 shares, the days-to-cover ratio is presently 432.8 days.

TUI Price Performance

OTCMKTS TUIFF opened at $9.00 on Tuesday. The firm’s fifty day simple moving average is $9.56 and its two-hundred day simple moving average is $8.27. TUI has a 12-month low of $6.80 and a 12-month high of $11.15.

Wall Street Analyst Weigh In

Separately, Morgan Stanley reissued an “overweight” rating on shares of TUI in a report on Wednesday, September 3rd. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy”.

TUI Company Profile

TUI AG, together with its subsidiaries, provides tourism services worldwide. It operates hotels and resorts under the Royalton, Mora, RIU Hotels & Resorts, Robinson, TUI Blue, TUI Magic Life, Atlantica Hotels & Resorts, Grupotel, Iberotel, Akra Hotels, TUI Suneo, and AQI brands. The company is also involved in the tour operation and airlines businesses.