Tongcheng Travel (TNGCF) Short Interest Ratio & Short Volume

$2.45

0.00 (0.00%)

(As of 07/5/2024 ET)

Tongcheng Travel Short Interest Data

Short Selling Tongcheng Travel ?

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Report Date	Total Shares Sold Short	Dollar Volume Sold Short	Change from Previous Report	Percentage of Float Shorted	Days to Cover	Price on Report Date
6/15/2024	6,556,600 shares	$16.06 million	+48.2%	N/A	0	$2.45
5/31/2024	4,423,600 shares	$10.84 million	-14.8%	N/A	0	$2.45
5/15/2024	5,189,400 shares	$12.71 million	+12.5%	N/A	0	$2.45
4/30/2024	4,613,300 shares	$11.30 million	+7.3%	N/A	0	$2.45
4/15/2024	4,300,900 shares	$10.54 million	-1.8%	N/A	0	$2.45
3/31/2024	4,378,500 shares	$10.73 million	+10.9%	N/A	0	$2.45
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3/15/2024	3,947,600 shares	$9.67 million	+73.1%	N/A	19738	$2.45
2/29/2024	2,280,000 shares	$6.16 million	+37.5%	N/A	0	$2.70
2/15/2024	1,658,000 shares	$4.48 million	+11.4%	N/A	0	$2.70
1/15/2024	141,200 shares	$381,240.00	+226.9%	N/A	0	$2.70
12/31/2023	43,200 shares	$116,640.00	-60.6%	N/A	0	$2.70
12/15/2023	109,600 shares	$295,920.00	-6.5%	N/A	109.6	$2.70
11/30/2023	117,200 shares	$316,440.00	-90.0%	N/A	0	$2.70
11/15/2023	1,168,800 shares	$3.16 million	-23.3%	N/A	0	$2.70
10/31/2023	1,522,800 shares	$4.11 million	-26.3%	N/A	0	$2.70
10/15/2023	2,066,400 shares	$5.58 million	+41.1%	N/A	0	$2.70
9/30/2023	1,464,800 shares	$3.95 million	-17.2%	N/A	7324	$2.70
9/15/2023	1,769,900 shares	$2.32 million	-6.6%	N/A	0	$1.31
8/31/2023	1,895,100 shares	$2.48 million	+454.9%	N/A	0	$1.31
8/15/2023	341,500 shares	$0.00	-36.5%	N/A	0	$0.00

What is Tongcheng Travel's current short interest?: Short interest is the volume of Tongcheng Travel shares that have been sold short but have not yet been closed out or covered. As of June 15th, traders have sold 6,556,600 shares of TNGCF short. Learn More on Tongcheng Travel's current short interest.
Is Tongcheng Travel's short interest increasing or decreasing?: Tongcheng Travel saw a increase in short interest in the month of June. As of June 15th, there was short interest totaling 6,556,600 shares, an increase of 48.2% from the previous total of 4,423,600 shares. Changes in short volume can be used to identify positive and negative investor sentiment. Investors that short sell a stock are betting that its price will decline in the future. An increase in short sale volume suggests bearish (negative) sentiment among investors. A decrease on short sale volume suggests bullish (positive) sentiment.
Which stocks are the most shorted right now?: As of the most recent reporting period, the following stocks had the largest short interest positions: Canadian Natural Resources Limited ($5.04 billion), T-Mobile US, Inc. ($4.49 billion), Charter Communications, Inc. ($3.25 billion), Moderna, Inc. ($3.02 billion), General Motors ($2.91 billion), Royal Caribbean Cruises Ltd. ($2.37 billion), Cencora, Inc. ($2.19 billion), Tractor Supply ($1.82 billion), Williams-Sonoma, Inc. ($1.72 billion), and Enphase Energy, Inc. ($1.61 billion). View all of the most shorted stocks.

What does it mean to sell short Tongcheng Travel stock?: Short selling TNGCF is an investing strategy that aims to generate trading profit from Tongcheng Travel as its price is falling. To short a stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender. Short sellers are betting that a stock will decline in price. If the stock does drop after selling, the short seller buys it back at a lower price and returns it to the lender. The difference between the sell price and the buy price is the trader's profit.
How does a short squeeze work against Tongcheng Travel?: A short squeeze for Tongcheng Travel occurs when it has a large amount of short interest and its stock appreciates in price. This forces short sellers to cover their short interest positions by buying actual shares of TNGCF, which in turn drives the price of the stock up even further.
How often is Tongcheng Travel's short interest reported?: Short interest is typically published by a stock exchange once per month. However, NASDAQ publishes a report for U.S. stocks, including TNGCF, twice per month. The most recent reporting period available is June, 15 2024.