Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Sees Significant Decrease in Short Interest

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 4,430,700 shares, a decrease of 27.3% from the August 31st total of 6,093,900 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ? days.

Tongcheng Travel Price Performance

Shares of OTCMKTS TNGCF opened at $2.80 on Thursday. The business’s 50-day simple moving average is $2.32 and its 200-day simple moving average is $2.31. Tongcheng Travel has a 52 week low of $2.61 and a 52 week high of $2.80.

About Tongcheng Travel

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.