TravelSky Technology Ltd. (OTCMKTS:TSYHY) Sees Significant Growth in Short Interest

TravelSky Technology Ltd. (OTCMKTS:TSYHY) saw a significant growth in short interest in August. As of August 31st, there was short interest totaling 12,618 shares, a growth of 61.2% from the August 15th total of 7,829 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 4,718 shares, the short-interest ratio is presently 2.7 days.

TravelSky Technology Price Performance

OTCMKTS TSYHY remained flat at $11.54 during midday trading on Thursday. The company’s stock had a trading volume of 395 shares, compared to its average volume of 2,730. The firm has a 50 day simple moving average of $11.00 and a 200-day simple moving average of $11.83. TravelSky Technology has a 1-year low of $10.11 and a 1-year high of $15.30. The company has a current ratio of 3.05, a quick ratio of 3.04 and a debt-to-equity ratio of 0.02.

About TravelSky Technology

TravelSky Technology Limited is a China-based information technology company that provides systems and services for the civil aviation and travel industries. Its platforms support airline reservations, ticket distribution, passenger processing, flight operations, airport management and related aviation information services.

The company offers computer reservation and passenger service systems, travel distribution and inventory management solutions, airport operational systems, air cargo information services, and data-processing and settlement support.