Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Increases By 311.8%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF - Get Free Report) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totalling 15,508,000 shares, an increase of 311.8% from the March 15th total of 3,766,000 shares. Approximately 0.3% of the shares of the company are sold short. Based on an average daily volume of 1,400 shares, the short-interest ratio is presently 11,077.1 days.

Tingyi (Cayman Islands) Price Performance

Shares of OTCMKTS:TCYMF remained flat at $1.61 on Friday. 14,000 shares of the company's stock were exchanged, compared to its average volume of 2,620. The business has a fifty day simple moving average of $1.53 and a 200-day simple moving average of $1.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.51 and a current ratio of 0.63. Tingyi has a 52 week low of $1.41 and a 52 week high of $1.61.

Tingyi (Cayman Islands) Company Profile

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.