TravelSky Technology Limited (OTCMKTS:TSYHY) Short Interest Down 90.9% in August

TravelSky Technology Limited (OTCMKTS:TSYHY) was the target of a large decline in short interest in August. As of August 15th, there was short interest totalling 100 shares, a decline of 90.9% from the July 31st total of 1,100 shares. Based on an average daily trading volume, of 9,600 shares, the days-to-cover ratio is currently 0.0 days.

TravelSky Technology Stock Performance

TravelSky Technology stock traded down $0.15 during mid-day trading on Wednesday, hitting $10.31. 9,150 shares of the company were exchanged, compared to its average volume of 8,486. The business has a fifty day moving average of $11.57 and a 200 day moving average of $12.13. TravelSky Technology has a 1-year low of $9.50 and a 1-year high of $19.01.

TravelSky Technology Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, October 7th. Investors of record on Thursday, June 27th will be given a dividend of $0.1787 per share. The ex-dividend date of this dividend is Thursday, June 27th. This is a boost from TravelSky Technology’s previous dividend of $0.06.

TravelSky Technology Company Profile

TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industries in the People's Republic of China. It primarily offers aviation information technology (AIT), distribution information technology, accounting, settlement, and clearing services.