Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Short Interest Up 254.8% in July

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,438 shares, an increase of 254.8% from the June 30th total of 2,660 shares. Based on an average daily volume of 27,014 shares, the days-to-cover ratio is currently 0.3 days.

Tingyi (Cayman Islands) Trading Up 5.6%

Shares of OTCMKTS:TYCMY opened at C$29.59 on Tuesday. The firm has a fifty day moving average of C$28.50 and a 200 day moving average of C$31.11. Tingyi has a 52-week low of C$23.63 and a 52-week high of C$35.95.

About Tingyi (Cayman Islands)

Tingyi (Cayman Islands) Holding Corp. is a Cayman Islands–registered holding company that controls Shanghai Tingyi Master Kong Food Co, Ltd., one of China’s foremost producers of instant noodles and beverages. Through its subsidiaries, the company develops, manufactures and markets a broad range of ready-to-eat noodle products, bottled water, ready-to-drink teas, fruit juices and other beverage offerings under the Master Kong and related brand names.

Its instant noodle portfolio includes multiple flavor profiles and packaging formats—such as cup, bowl and bag presentations—while its beverage segment encompasses purified water, iced teas and fruit-based refreshments designed to meet diverse consumer tastes.