Short Interest in Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Grows By 139.5%

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a significant increase in short interest in the month of April. As of April 30th, there was short interest totaling 5,059,958 shares, an increase of 139.5% from the April 15th total of 2,113,073 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Tongcheng Travel Stock Performance

Shares of TNGCF opened at $2.80 on Friday. The company has a 50-day moving average of $2.80 and a 200 day moving average of $2.80. Tongcheng Travel has a 1-year low of $2.61 and a 1-year high of $2.80.

Tongcheng Travel Company Profile

Tongcheng Travel (OTCMKTS:TNGCF) is a China-based online travel agency that offers a comprehensive suite of travel services to leisure and business customers. The company’s platform enables users to search for, compare and book a wide range of travel products, including domestic and international package tours, standalone hotel accommodations, transportation tickets, attraction admission vouchers and local guided excursions.

In addition to its core booking services, Tongcheng Travel provides ancillary travel solutions such as visa assistance, corporate travel management and meetings, incentives, conferences and exhibitions (MICE) support.