Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Declines By 82.3%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the recipient of a significant drop in short interest in July. As of July 15th, there was short interest totalling 4,830,400 shares, a drop of 82.3% from the June 30th total of 27,272,100 shares. Based on an average trading volume of 37,400 shares, the days-to-cover ratio is currently 129.2 days.

Tingyi (Cayman Islands) Stock Performance

TCYMF remained flat at $1.18 during trading on Friday. Tingyi has a twelve month low of $1.17 and a twelve month high of $1.75. The firm’s fifty day simple moving average is $1.18 and its two-hundred day simple moving average is $1.18.

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, as well as coffee drinks/functional drinks/probiotics.