TravelSky Technology Ltd. (OTCMKTS:TSYHY) Sees Significant Drop in Short Interest

TravelSky Technology Ltd. (OTCMKTS:TSYHY) was the target of a significant decline in short interest in October. As of October 15th, there was short interest totaling 1,870 shares, a decline of 79.0% from the September 30th total of 8,893 shares. Based on an average daily volume of 4,578 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the shares of the stock are sold short.

TravelSky Technology Stock Performance

OTCMKTS TSYHY opened at $11.54 on Thursday. The business has a fifty day moving average price of $11.39 and a two-hundred day moving average price of $12.10. TravelSky Technology has a fifty-two week low of $10.11 and a fifty-two week high of $15.30.

TravelSky Technology Company Profile

TravelSky Technology Limited is a China-based information technology company that provides digital systems and services for the aviation and travel industries. Its solutions support airline reservations, passenger service, flight operations, airport management, air cargo, travel distribution and related business processes.

The company operates a computer reservation and global distribution platform that connects airlines with travel agencies and other distribution partners. It also develops and operates systems for passenger check-in, departure control, inventory management, loyalty programs, airport services, cargo logistics, aviation accounting and travel-related data management.

TravelSky primarily serves airlines, airports, travel agencies and other aviation and tourism businesses in China, while its platforms and services also support international carriers and overseas travel-industry participants.