Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Short Interest Up 21.3% in May

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) was the target of a large increase in short interest in May. As of May 31st, there was short interest totalling 20,936,900 shares, an increase of 21.3% from the May 15th total of 17,256,000 shares. Based on an average daily volume of 17,100 shares, the short-interest ratio is currently 1,224.4 days.

Tingyi (Cayman Islands) Price Performance

Shares of OTCMKTS:TCYMF remained flat at $1.18 on Friday. Tingyi has a fifty-two week low of $1.17 and a fifty-two week high of $1.75. The business’s 50-day moving average price is $1.18 and its 200 day moving average price is $1.18.

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, as well as coffee drinks/functional drinks/probiotics.