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Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Decreases By 40.4%

Tingyi (Cayman Islands) logo with Consumer Staples background
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Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF - Get Free Report) saw a significant decrease in short interest in February. As of February 28th, there was short interest totalling 3,604,000 shares, a decrease of 40.4% from the February 13th total of 6,045,100 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 100 shares, the days-to-cover ratio is presently 36,040.0 days.

Tingyi (Cayman Islands) Price Performance

Shares of OTCMKTS:TCYMF remained flat at $1.51 on Tuesday. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 0.25. The stock has a 50-day moving average of $1.46 and a two-hundred day moving average of $1.42. Tingyi has a twelve month low of $1.41 and a twelve month high of $1.56.

About Tingyi (Cayman Islands)

(Get Free Report)

Tingyi (Cayman Islands) Holding Corp., an investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People's Republic of China. The company operates through Instant Noodles, Beverages, and Others segments. It offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.

Further Reading

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