Tuniu Co. (NASDAQ:TOUR) Short Interest Update

Tuniu Co. (NASDAQ:TOUR) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 185,400 shares, a decline of 16.6% from the November 15th total of 222,200 shares. Based on an average daily volume of 640,100 shares, the short-interest ratio is currently 0.3 days. Currently, 0.2% of the company’s stock are short sold.

Tuniu Stock Performance

NASDAQ TOUR opened at $1.04 on Friday. The company’s 50-day simple moving average is $1.11 and its two-hundred day simple moving average is $1.00. Tuniu has a one year low of $0.59 and a one year high of $1.76. The company has a market capitalization of $128.79 million, a price-to-earnings ratio of -104,000.00 and a beta of 1.68.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio bought a new stake in Tuniu during the third quarter valued at about $50,000. XTX Topco Ltd lifted its position in shares of Tuniu by 163.8% during the third quarter. XTX Topco Ltd now owns 28,986 shares of the technology company’s stock valued at $41,000 after buying an additional 18,000 shares during the last quarter. Symmetry Peak Management LLC bought a new stake in shares of Tuniu in the 3rd quarter valued at about $39,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its position in shares of Tuniu by 13.4% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company’s stock worth $196,000 after buying an additional 16,248 shares during the last quarter.

Analyst Ratings Changes

Separately, StockNews.com raised Tuniu from a “hold” rating to a “buy” rating in a research report on Friday, November 29th.

Tuniu Company Profile

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.