Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Short Interest Down 51.9% in March

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the target of a large drop in short interest during the month of March. As of March 31st, there was short interest totalling 3,900 shares, a drop of 51.9% from the March 15th total of 8,100 shares. Based on an average trading volume of 6,600 shares, the days-to-cover ratio is presently 0.6 days.

Tingyi (Cayman Islands) Trading Down 2.5 %

Shares of OTCMKTS TYCMY traded down C$0.92 during midday trading on Thursday, reaching C$35.23. 8,280 shares of the stock were exchanged, compared to its average volume of 8,447. Tingyi has a 12 month low of C$20.81 and a 12 month high of C$36.70. The business has a 50-day simple moving average of C$31.95 and a two-hundred day simple moving average of C$29.59.

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; various noodles; and coffee/functional/probiotics drinks.