Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Sees Large Decrease in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the recipient of a significant decrease in short interest during the month of June. As of June 15th, there was short interest totalling 1,600 shares, a decrease of 71.4% from the May 31st total of 5,600 shares. Based on an average daily trading volume, of 6,400 shares, the days-to-cover ratio is presently 0.3 days.

Tingyi (Cayman Islands) Stock Down 5.5 %

Tingyi (Cayman Islands) stock traded down C$1.41 during midday trading on Thursday, reaching C$24.08. The company’s stock had a trading volume of 2,648 shares, compared to its average volume of 9,067. The business has a 50-day simple moving average of C$24.31 and a 200-day simple moving average of C$22.74. Tingyi has a fifty-two week low of C$18.09 and a fifty-two week high of C$31.42.

Tingyi (Cayman Islands) Dividend Announcement

The firm also recently announced a dividend, which will be paid on Wednesday, July 24th. Investors of record on Wednesday, June 12th will be paid a dividend of $0.6178 per share. The ex-dividend date is Tuesday, June 11th.

Tingyi (Cayman Islands) Company Profile

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; various noodles; and coffee/functional/probiotics drinks.