Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Sees Significant Decrease in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 3,604,000 shares, a decrease of 40.4% from the February 13th total of 6,045,100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 36,040.0 days. Currently, 0.1% of the company’s stock are sold short.

Tingyi (Cayman Islands) Price Performance

Tingyi (Cayman Islands) stock opened at $1.51 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.63 and a quick ratio of 0.51. Tingyi has a one year low of $1.41 and a one year high of $1.56. The company’s fifty day moving average price is $1.46 and its two-hundred day moving average price is $1.42.

Tingyi (Cayman Islands) Company Profile

Tingyi (Cayman Islands) Holding Corp., an investment holding company, manufactures and sells instant noodles, beverages, and instant food products in the People's Republic of China. The company operates through Instant Noodles, Beverages, and Others segments. It offers ready-to-drink teas, juices, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.