Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Grows By 311.8%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 15,508,000 shares, an increase of 311.8% from the March 15th total of 3,766,000 shares. Currently, 0.3% of the shares of the stock are sold short. Based on an average daily volume of 1,400 shares, the short-interest ratio is currently 11,077.1 days.

Tingyi (Cayman Islands) Price Performance

OTCMKTS TCYMF opened at $1.61 on Thursday. Tingyi has a 12 month low of $1.41 and a 12 month high of $1.61. The company’s 50 day simple moving average is $1.53 and its 200 day simple moving average is $1.49. The company has a current ratio of 0.63, a quick ratio of 0.51 and a debt-to-equity ratio of 0.25.

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.