Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Increases By 64.3%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the target of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 2,300 shares, an increase of 64.3% from the February 13th total of 1,400 shares. Based on an average daily volume of 5,900 shares, the days-to-cover ratio is presently 0.4 days.

Tingyi (Cayman Islands) Stock Performance

TYCMY stock opened at C$31.97 on Monday. The firm has a 50 day simple moving average of C$29.81 and a 200 day simple moving average of C$28.61. Tingyi has a 52 week low of C$20.81 and a 52 week high of C$33.36.

About Tingyi (Cayman Islands)

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.