Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY – Get Free Report) saw a large drop in short interest in October. As of October 15th, there was short interest totaling 3,501 shares, a drop of 69.1% from the September 30th total of 11,324 shares. Based on an average trading volume of 16,831 shares, the days-to-cover ratio is presently 0.2 days.
Tingyi (Cayman Islands) Price Performance
Shares of OTCMKTS TYCMY opened at C$31.42 on Wednesday. Tingyi has a 1 year low of C$23.63 and a 1 year high of C$36.60. The firm has a 50-day moving average of C$31.41 and a 200 day moving average of C$31.22.
About Tingyi (Cayman Islands)
Tingyi (Cayman Islands) Holding Corp. is a China-based food and beverage company best known for its Master Kong brand. The company manufactures and distributes packaged consumer products, with instant noodles representing one of its core businesses.
Its product portfolio also includes bottled water, ready-to-drink teas, fruit beverages, carbonated soft drinks and other packaged drinks. Through its beverage operations and strategic relationships, Tingyi serves a broad range of consumer segments across China, distributing products through supermarkets, convenience stores, restaurants and other retail channels.
Founded in 1992, Tingyi has developed an extensive manufacturing and distribution network in mainland China.
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