TravelSky Technology Ltd. (OTCMKTS:TSYHY) Short Interest Update

TravelSky Technology Ltd. (OTCMKTS:TSYHY) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 7,829 shares, a growth of ∞ from the July 30th total of 0 shares. Based on an average daily trading volume, of 8,004 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.0% of the shares of the company are short sold.

TravelSky Technology Stock Up 0.1%

Shares of OTCMKTS TSYHY opened at $11.66 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.04 and a current ratio of 3.05. TravelSky Technology has a 12 month low of $10.11 and a 12 month high of $15.30. The company has a 50 day simple moving average of $10.76 and a two-hundred day simple moving average of $12.05.

About TravelSky Technology

TravelSky Technology Limited is a leading provider of information technology solutions for the air travel industry in the People’s Republic of China. Established in 2001 through an asset reorganization of aviation IT operations previously overseen by the Civil Aviation Administration of China, the company has developed a comprehensive platform for airline reservation, distribution and related services. TravelSky’s technology underpins the vast majority of domestic air ticketing in China and supports a growing number of international carriers and travel agencies.

The company’s core offerings include a passenger service system (PSS) that manages reservation and ticketing processes, as well as an electronic distribution network that connects airlines with travel agents, corporate accounts and online channels.