Short Interest in Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Expands By 74.2%

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a significant increase in short interest in the month of September. As of September 30th, there was short interest totalling 945,500 shares, an increase of 74.2% from the September 15th total of 542,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Tongcheng Travel Price Performance

Shares of OTCMKTS:TNGCF opened at $2.28 on Friday. The business’s 50 day simple moving average is $2.28 and its 200 day simple moving average is $2.37. Tongcheng Travel has a 1 year low of $2.28 and a 1 year high of $2.28.

Tongcheng Travel Company Profile

Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. The company offers transportation ticketing, accommodation reservation, attraction ticketing, and various ancillary value-added products and services. It also offers platform service of hotel business; and hotel management, business process outsourcing, information technology outsourcing, advertising, and insurance agency services.