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

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the target of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 8,702,800 shares, an increase of 76.9% from the October 15th total of 4,918,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Tingyi (Cayman Islands) Stock Performance

Shares of TCYMF remained flat at $1.53 during trading hours on Wednesday. The stock has a 50-day moving average of $1.32 and a 200-day moving average of $1.23. 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 1 year low of $1.53 and a 1 year high of $1.53.

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, as well as coffee drinks/functional drinks/probiotics.