Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY – Get Free Report) was the recipient of a large decline in short interest during the month of August. As of August 14th, there was short interest totaling 8,265 shares, a decline of 68.1% from the July 30th total of 25,906 shares. Based on an average daily volume of 12,639 shares, the days-to-cover ratio is presently 0.7 days.
Tingyi (Cayman Islands) Trading Up 0.2%
Shares of OTCMKTS TYCMY opened at C$32.67 on Friday. Tingyi has a fifty-two week low of C$23.63 and a fifty-two week high of C$36.60. The business’s 50 day moving average price is C$29.84 and its 200-day moving average price is C$31.33.
Tingyi (Cayman Islands) Company Profile
Tingyi (Cayman Islands) Holding Corp. is a Cayman Islands–registered holding company that controls Shanghai Tingyi Master Kong Food Co, Ltd., one of China’s foremost producers of instant noodles and beverages. Through its subsidiaries, the company develops, manufactures and markets a broad range of ready-to-eat noodle products, bottled water, ready-to-drink teas, fruit juices and other beverage offerings under the Master Kong and related brand names.
Its instant noodle portfolio includes multiple flavor profiles and packaging formats—such as cup, bowl and bag presentations—while its beverage segment encompasses purified water, iced teas and fruit-based refreshments designed to meet diverse consumer tastes.
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