TravelSky Technology Ltd. (OTCMKTS:TSYHY) Short Interest Up ? in May

TravelSky Technology Ltd. (OTCMKTS:TSYHY) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,571 shares, a growth of ? from the April 30th total of 0 shares. Based on an average daily volume of 5,735 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the shares of the company are short sold.

TravelSky Technology Stock Performance

Shares of OTCMKTS TSYHY traded up $0.25 during midday trading on Monday, hitting $12.00. 660 shares of the company’s stock traded hands, compared to its average volume of 8,820. TravelSky Technology has a 1 year low of $11.61 and a 1 year high of $16.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.05 and a quick ratio of 3.04. The firm has a fifty day moving average of $12.68 and a 200 day moving average of $13.32.

TravelSky Technology Company Profile

TravelSky Technology Limited is a leading provider of information technology solutions for the air travel industry in the People’s Republic of China. Established in 2001 through an asset reorganization of aviation IT operations previously overseen by the Civil Aviation Administration of China, the company has developed a comprehensive platform for airline reservation, distribution and related services. TravelSky’s technology underpins the vast majority of domestic air ticketing in China and supports a growing number of international carriers and travel agencies.

The company’s core offerings include a passenger service system (PSS) that manages reservation and ticketing processes, as well as an electronic distribution network that connects airlines with travel agents, corporate accounts and online channels.