Tuniu Co. (NASDAQ:TOUR) Sees Large Decline in Short Interest

Tuniu Co. (NASDAQ:TOUR - Get Free Report) saw a significant decrease in short interest in the month of January. As of January 15th, there was short interest totalling 158,000 shares, a decrease of 13.6% from the December 31st total of 182,900 shares. Based on an average daily volume of 298,000 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company's shares are short sold.

Institutional Trading of Tuniu

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of Tuniu by 13.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company's stock valued at $196,000 after purchasing an additional 16,248 shares during the last quarter. Symmetry Peak Management LLC bought a new stake in shares of Tuniu during the third quarter valued at approximately $39,000. Public Employees Retirement System of Ohio bought a new stake in shares of Tuniu during the third quarter valued at approximately $50,000. XTX Topco Ltd increased its position in shares of Tuniu by 163.8% during the third quarter. XTX Topco Ltd now owns 28,986 shares of the technology company's stock valued at $41,000 after acquiring an additional 18,000 shares in the last quarter. Finally, Rhumbline Advisers increased its position in shares of Tuniu by 166.0% during the fourth quarter. Rhumbline Advisers now owns 25,817 shares of the technology company's stock valued at $27,000 after acquiring an additional 16,110 shares in the last quarter.

Tuniu Price Performance

TOUR traded down $0.00 on Monday, hitting $0.99. The company had a trading volume of 129,393 shares, compared to its average volume of 107,590. Tuniu has a 52-week low of $0.59 and a 52-week high of $1.76. The stock has a fifty day simple moving average of $1.02 and a 200-day simple moving average of $1.00. The firm has a market capitalization of $122.60 million, a P/E ratio of -99,000.00 and a beta of 1.67.

Tuniu (NASDAQ:TOUR - Get Free Report) last issued its quarterly earnings data on Thursday, December 5th. The technology company reported $0.06 EPS for the quarter. Tuniu had a negative net margin of 6.22% and a positive return on equity of 9.44%.

Analyst Upgrades and Downgrades

Separately, StockNews.com upgraded shares of Tuniu from a "hold" rating to a "buy" rating in a report on Friday, November 29th.

Tuniu Company Profile

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.