Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Grows By 254.8%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) saw a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 9,438 shares, an increase of 254.8% from the June 30th total of 2,660 shares. Based on an average daily trading volume, of 27,014 shares, the days-to-cover ratio is currently 0.3 days.

Tingyi (Cayman Islands) Price Performance

Shares of TYCMY opened at C$28.01 on Friday. The company’s fifty day simple moving average is C$28.54 and its 200-day simple moving average is C$31.11. Tingyi has a twelve month low of C$23.63 and a twelve month high of C$35.95.

About Tingyi (Cayman Islands)

Tingyi (Cayman Islands) Holding Corp. is a Cayman Islands–registered holding company that controls Shanghai Tingyi Master Kong Food Co, Ltd., one of China’s foremost producers of instant noodles and beverages. Through its subsidiaries, the company develops, manufactures and markets a broad range of ready-to-eat noodle products, bottled water, ready-to-drink teas, fruit juices and other beverage offerings under the Master Kong and related brand names.

Its instant noodle portfolio includes multiple flavor profiles and packaging formats—such as cup, bowl and bag presentations—while its beverage segment encompasses purified water, iced teas and fruit-based refreshments designed to meet diverse consumer tastes.