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Tuniu Co. (NASDAQ:TOUR) Short Interest Up 132.4% in October

Tuniu logo with Computer and Technology background

Tuniu Co. (NASDAQ:TOUR - Get Free Report) saw a significant growth in short interest in the month of October. As of October 15th, there was short interest totalling 386,200 shares, a growth of 132.4% from the September 30th total of 166,200 shares. Based on an average trading volume of 556,400 shares, the short-interest ratio is presently 0.7 days. Currently, 0.3% of the company's shares are short sold.

Tuniu Stock Up 5.5 %

TOUR stock traded up $0.06 during mid-day trading on Friday, hitting $1.16. 226,214 shares of the company were exchanged, compared to its average volume of 366,863. The business has a fifty day simple moving average of $0.99 and a 200-day simple moving average of $0.95. The firm has a market capitalization of $143.65 million, a P/E ratio of -19.33 and a beta of 1.64. Tuniu has a 12-month low of $0.59 and a 12-month high of $1.76.

Tuniu (NASDAQ:TOUR - Get Free Report) last posted its quarterly earnings data on Tuesday, August 6th. The technology company reported $0.03 earnings per share for the quarter. The firm had revenue of $16.09 million during the quarter. Tuniu had a negative net margin of 7.75% and a positive return on equity of 9.17%.

Wall Street Analyst Weigh In

Separately, StockNews.com started coverage on Tuniu in a research report on Wednesday. They issued a "buy" rating on the stock.

Get Our Latest Stock Analysis on Tuniu

About Tuniu

(Get Free Report)

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.

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