Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Short Interest Up 81.9% in October

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) saw a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 2,350,600 shares, an increase of 81.9% from the October 15th total of 1,292,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.

Tongcheng Travel Price Performance

TNGCF remained flat at $2.28 on Thursday. Tongcheng Travel has a one year low of $2.28 and a one year high of $2.28. The stock has a 50 day simple moving average of $2.28 and a two-hundred day simple moving average of $2.35.

Tongcheng Travel Company Profile

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.