Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Short Interest Update

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) saw a large decline in short interest in August. As of August 15th, there was short interest totalling 2,492,300 shares, a decline of 55.4% from the July 31st total of 5,591,500 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Tongcheng Travel Stock Performance

Shares of Tongcheng Travel stock remained flat at $2.28 during trading on Friday. Tongcheng Travel has a 1-year low of $2.28 and a 1-year high of $2.28. The stock’s 50-day simple moving average is $2.34 and its 200-day simple moving average is $2.45.

About Tongcheng Travel

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.