Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Sees Large Growth in Short Interest

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 2,974,500 shares, a growth of 26.5% from the October 31st total of 2,350,600 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Tongcheng Travel Price Performance

Shares of OTCMKTS:TNGCF opened at $2.28 on Monday. The firm has a fifty day simple moving average of $2.28 and a two-hundred day simple moving average of $2.33. Tongcheng Travel has a 52 week low of $2.28 and a 52 week 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.