Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Grows By 64.3%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the target of a large growth in short interest in the month of February. As of February 28th, there was short interest totalling 2,300 shares, a growth of 64.3% from the February 13th total of 1,400 shares. Based on an average trading volume of 5,900 shares, the short-interest ratio is currently 0.4 days.

Tingyi (Cayman Islands) Stock Performance

Shares of OTCMKTS:TYCMY traded down C$0.33 during mid-day trading on Friday, reaching C$31.97. The stock had a trading volume of 2,257 shares, compared to its average volume of 10,445. The firm has a 50 day simple moving average of C$29.81 and a two-hundred day simple moving average of C$28.59. Tingyi has a twelve month low of C$20.81 and a twelve month high of C$33.36.

Tingyi (Cayman Islands) Company Profile

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; various noodles; and coffee/functional/probiotics drinks.