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

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 4,918,800 shares, an increase of 172.5% from the September 30th total of 1,804,800 shares. Based on an average daily trading volume, of 13,500 shares, the days-to-cover ratio is currently 364.4 days.

Tingyi (Cayman Islands) Stock Performance

TCYMF remained flat at $1.53 during trading hours on Friday. The company’s 50 day moving average price is $1.24 and its two-hundred day moving average price is $1.20. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 0.25. Tingyi has a twelve month low of $1.53 and a twelve month high of $1.53.

About Tingyi (Cayman Islands)

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.