Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Declines By 33.3%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the target of a large decline in short interest in February. As of February 15th, there was short interest totalling 1,400 shares, a decline of 33.3% from the January 31st total of 2,100 shares. Based on an average trading volume of 26,400 shares, the days-to-cover ratio is currently 0.1 days.

Tingyi (Cayman Islands) Stock Performance

TYCMY opened at C$29.49 on Tuesday. Tingyi has a 1-year low of C$20.81 and a 1-year high of C$32.98. The stock’s 50 day simple moving average is C$28.69 and its 200 day simple moving average is C$28.13.

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; various noodles; and coffee/functional/probiotics drinks.