Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Sees Large Decrease in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the recipient of a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 1,600 shares, a drop of 71.4% from the May 31st total of 5,600 shares. Based on an average daily trading volume, of 6,400 shares, the short-interest ratio is currently 0.3 days.

Tingyi (Cayman Islands) Trading Down 5.5 %

OTCMKTS TYCMY traded down C$1.41 during trading on Thursday, reaching C$24.08. 2,648 shares of the company’s stock traded hands, compared to its average volume of 9,067. The company’s 50 day simple moving average is C$24.31 and its two-hundred day simple moving average is C$22.74. Tingyi has a 12-month low of C$18.09 and a 12-month high of C$31.42.

Tingyi (Cayman Islands) Dividend Announcement

The firm also recently disclosed a dividend, which will be paid on Wednesday, July 24th. Investors of record on Wednesday, June 12th will be paid a $0.6178 dividend. The ex-dividend date of this dividend is Tuesday, June 11th.

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; various noodles; and coffee/functional/probiotics drinks.