Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Rises By 76.9%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) saw a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 8,702,800 shares, an increase of 76.9% from the October 15th total of 4,918,800 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Tingyi (Cayman Islands) Price Performance

TCYMF stock remained flat at $1.53 during midday trading on Thursday. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 0.25. Tingyi has a 12 month low of $1.53 and a 12 month high of $1.53. The stock has a fifty day moving average of $1.33 and a two-hundred day moving average of $1.23.

About Tingyi (Cayman Islands)

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.