Trainline Plc (OTCMKTS:TNLIF) Stock Short Interest Falls 40.1%

Trainline Plc (OTCMKTS:TNLIF) saw a significant decline in short interest in the month of September. As of September 30th, there was short interest totaling 53,434 shares, a decline of 40.1% from the September 15th total of 89,247 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Trainline Stock Performance

Trainline stock opened at $3.40 on Thursday. The company has a 50-day simple moving average of $3.34 and a 200-day simple moving average of $3.10. Trainline has a one year low of $2.82 and a one year high of $4.14.

About Trainline

Trainline plc is a digital rail and coach travel platform that enables customers to search for journeys, compare schedules and fares, and purchase tickets through its website and mobile applications. The company serves both individual travelers and business customers, providing access to rail and coach services through a single online platform.

Its consumer services include journey planning, digital ticketing, mobile tickets, travel notifications and disruption updates. Through Trainline for Business, the company provides travel booking and management tools for corporate customers, while its Partner Solutions business offers ticketing and technology services to third-party travel companies and transport providers.

Trainline began as an online rail-ticket retailer in the United Kingdom and has expanded across Europe through partnerships with national rail operators, independent train companies and coach providers.