Short Interest in Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Rises By 81.9%

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the recipient of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 2,350,600 shares, an increase of 81.9% from the October 15th total of 1,292,100 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Tongcheng Travel Price Performance

Shares of Tongcheng Travel stock remained flat at $2.28 during trading hours on Thursday. Tongcheng Travel has a 12-month low of $2.28 and a 12-month high of $2.28. The firm’s fifty day moving average is $2.28 and its 200-day moving average is $2.35.

About Tongcheng Travel

Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. The company offers transportation ticketing, accommodation reservation, attraction ticketing, and various ancillary value-added products and services. It also offers platform service of hotel business; and hotel management, business process outsourcing, information technology outsourcing, advertising, and insurance agency services.