Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Increases By 26.4%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the target of a large increase in short interest in the month of July. As of July 31st, there was short interest totalling 6,107,100 shares, an increase of 26.4% from the July 15th total of 4,830,400 shares. Based on an average daily volume of 4,300 shares, the days-to-cover ratio is presently 1,420.3 days.

Tingyi (Cayman Islands) Stock Performance

TCYMF stock remained flat at $1.18 during midday trading on Thursday. 20,000 shares of the company’s stock were exchanged, compared to its average volume of 20,000. The firm has a 50 day simple moving average of $1.18 and a two-hundred day simple moving average of $1.18. Tingyi has a fifty-two week low of $1.17 and a fifty-two week high of $1.75.

About Tingyi (Cayman Islands)

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.