Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Short Interest Up 21.3% in May

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) saw a significant increase in short interest in May. As of May 31st, there was short interest totalling 20,936,900 shares, an increase of 21.3% from the May 15th total of 17,256,000 shares. Based on an average daily trading volume, of 17,100 shares, the short-interest ratio is currently 1,224.4 days.

Tingyi (Cayman Islands) Price Performance

Tingyi (Cayman Islands) stock remained flat at $1.18 during midday trading on Friday. Tingyi has a 1-year low of $1.17 and a 1-year high of $1.75. The stock’s fifty day simple moving average is $1.18 and its two-hundred day simple moving average is $1.18.

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.