Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Expands By 172.5%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 4,918,800 shares, an increase of 172.5% from the September 30th total of 1,804,800 shares. Based on an average daily volume of 13,500 shares, the days-to-cover ratio is presently 364.4 days.

Tingyi (Cayman Islands) Stock Performance

Shares of TCYMF stock opened at $1.53 on Monday. Tingyi has a fifty-two week low of $1.53 and a fifty-two week high of $1.53. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.51 and a current ratio of 0.63. The stock’s fifty day moving average is $1.24 and its two-hundred day moving average is $1.20.

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.