Short Interest in Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Rises By 90.0%

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 963,527 shares, an increase of 90.0% from the June 15th total of 506,996 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Tongcheng Travel Stock Performance

Shares of TNGCF opened at $2.80 on Thursday. Tongcheng Travel has a fifty-two week low of $2.61 and a fifty-two week high of $2.80. The company’s fifty day moving average is $2.80 and its two-hundred day moving average is $2.80.

Tongcheng Travel Company Profile

Tongcheng Travel (OTCMKTS:TNGCF) is a China-based online travel agency that offers a comprehensive suite of travel services to leisure and business customers. The company’s platform enables users to search for, compare and book a wide range of travel products, including domestic and international package tours, standalone hotel accommodations, transportation tickets, attraction admission vouchers and local guided excursions.

In addition to its core booking services, Tongcheng Travel provides ancillary travel solutions such as visa assistance, corporate travel management and meetings, incentives, conferences and exhibitions (MICE) support.