Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Sees Large Decrease in Short Interest

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 3,140,300 shares, a decrease of 15.2% from the November 30th total of 3,701,500 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Tongcheng Travel Stock Performance

Shares of OTCMKTS:TNGCF opened at $2.28 on Monday. The business’s 50 day moving average price is $2.28 and its 200-day moving average price is $2.31. Tongcheng Travel has a 1 year low of $2.28 and a 1 year high of $2.28.

Tongcheng Travel Company Profile

Tongcheng Travel Holdings Limited, an investment holding company, provides travel related services in the People's Republic of China. The company offers transportation ticketing, accommodation reservation, attraction ticketing, and various ancillary value-added products and services. It also offers platform service of hotel business; and hotel management, business process outsourcing, information technology outsourcing, advertising, and insurance agency services.