TravelSky Technology Ltd. (OTCMKTS:TSYHY) Short Interest Down 63.6% in June

TravelSky Technology Ltd. (OTCMKTS:TSYHY) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 610 shares, a decrease of 63.6% from the May 31st total of 1,675 shares. Based on an average trading volume of 8,020 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

TravelSky Technology Stock Performance

OTCMKTS:TSYHY opened at $10.61 on Friday. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.04 and a current ratio of 3.05. The firm’s fifty day simple moving average is $11.96 and its 200 day simple moving average is $12.96. TravelSky Technology has a twelve month low of $10.50 and a twelve month high of $16.70.

About TravelSky Technology

TravelSky Technology Limited is a leading provider of information technology solutions for the air travel industry in the People’s Republic of China. Established in 2001 through an asset reorganization of aviation IT operations previously overseen by the Civil Aviation Administration of China, the company has developed a comprehensive platform for airline reservation, distribution and related services. TravelSky’s technology underpins the vast majority of domestic air ticketing in China and supports a growing number of international carriers and travel agencies.

The company’s core offerings include a passenger service system (PSS) that manages reservation and ticketing processes, as well as an electronic distribution network that connects airlines with travel agents, corporate accounts and online channels.