Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Sees Significant Growth in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMFGet Free Report) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 20,936,900 shares, an increase of 21.3% from the May 15th total of 17,256,000 shares. Based on an average trading volume of 17,100 shares, the short-interest ratio is currently 1,224.4 days.

Tingyi (Cayman Islands) Stock Performance

OTCMKTS TCYMF remained flat at $1.18 during trading hours on Friday. Tingyi has a 52-week low of $1.17 and a 52-week high of $1.75. The business has a 50 day moving average of $1.18 and a two-hundred day moving average of $1.18.

Tingyi (Cayman Islands) Company Profile

(Get Free Report)

Tingyi (Cayman Islands) Holding Corp., an investment holding company, manufactures 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. It offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.

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