Trainline Plc (OTCMKTS:TNLIF) Sees Large Drop in Short Interest

Trainline Plc (OTCMKTS:TNLIF) was the target of a large decrease in short interest in October. As of October 31st, there was short interest totalling 709,300 shares, a decrease of 53.7% from the October 15th total of 1,533,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Trainline Price Performance

Shares of Trainline stock remained flat at $4.36 during trading hours on Wednesday. Trainline has a 1 year low of $4.35 and a 1 year high of $4.45. The business’s 50-day moving average is $4.30 and its two-hundred day moving average is $4.10.

About Trainline

Trainline Plc engages in the operation of an independent rail and coach travel platform that sells rail and coach tickets the United Kingdom and internationally. The company operates through three segments: UK Consumer, UK Trainline Partner Solutions, and International. The UK Consumer segment provides travel apps and websites for individual travelers for journeys within the United Kingdom.