Short Interest in Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Expands By 81.9%

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a large growth in short interest during the month of October. As of October 31st, there was short interest totalling 2,350,600 shares, a growth of 81.9% from the October 15th total of 1,292,100 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Tongcheng Travel Price Performance

TNGCF stock opened at $2.28 on Friday. The firm’s fifty day simple moving average is $2.28 and its 200-day simple moving average is $2.35. Tongcheng Travel has a 12 month low of $2.28 and a 12 month high of $2.28.

About Tongcheng Travel

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.