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

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totalling 945,500 shares, an increase of 74.2% from the September 15th total of 542,700 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Tongcheng Travel Price Performance

Shares of TNGCF stock opened at $2.28 on Friday. Tongcheng Travel has a fifty-two week low of $2.28 and a fifty-two week high of $2.28. The stock’s 50-day simple moving average is $2.28 and its 200-day simple moving average is $2.37.

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.