Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Short Interest Up 36.7% in October

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totalling 1,292,100 shares, a growth of 36.7% from the September 30th total of 945,500 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Tongcheng Travel Stock Performance

Shares of OTCMKTS TNGCF remained flat at $2.28 during trading on Tuesday. The firm has a 50-day moving average price of $2.28 and a 200 day moving average price of $2.36. Tongcheng Travel has a 52-week low of $2.28 and a 52-week high of $2.28.

About Tongcheng Travel

Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. The company offers transportation ticketing, accommodation reservation, attraction ticketing, and various ancillary value-added products and services. It also offers platform service of hotel business; and hotel management, business process outsourcing, information technology outsourcing, advertising, and insurance agency services.