Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Sees Large Increase in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) saw a large increase in short interest in the month of October. As of October 31st, there was short interest totalling 8,702,800 shares, an increase of 76.9% from the October 15th total of 4,918,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Tingyi (Cayman Islands) Stock Performance

Tingyi (Cayman Islands) stock remained flat at $1.53 during trading hours on Wednesday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.63 and a quick ratio of 0.51. Tingyi has a 12-month low of $1.53 and a 12-month high of $1.53. The company’s fifty day simple moving average is $1.32 and its two-hundred day simple moving average is $1.23.

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.