Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Sees Significant Growth in Short Interest

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 2,974,500 shares, an increase of 26.5% from the October 31st total of 2,350,600 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Tongcheng Travel Price Performance

Tongcheng Travel stock remained flat at $2.28 during mid-day trading on Friday. 5,200 shares of the company were exchanged. Tongcheng Travel has a 52 week low of $2.28 and a 52 week high of $2.28. The company’s 50 day moving average price is $2.28 and its 200-day moving average price is $2.33.

Tongcheng Travel Company Profile

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.