Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Short Interest Up 361.5% in October

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the recipient of a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 6,000 shares, an increase of 361.5% from the September 30th total of 1,300 shares. Based on an average daily trading volume, of 5,100 shares, the short-interest ratio is currently 1.2 days.

Tingyi (Cayman Islands) Trading Down 1.3 %

Shares of TYCMY stock traded down C$0.41 during trading hours on Friday, hitting C$30.42. 2,468 shares of the company were exchanged, compared to its average volume of 6,915. The firm has a fifty day simple moving average of C$28.20 and a 200 day simple moving average of C$25.51. Tingyi has a 52-week low of C$18.09 and a 52-week high of C$32.98.

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.