Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) Short Interest Down 55.4% in August

Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF) was the target of a significant decrease in short interest in the month of August. As of August 15th, there was short interest totalling 2,492,300 shares, a decrease of 55.4% from the July 31st total of 5,591,500 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Tongcheng Travel Stock Performance

Shares of Tongcheng Travel stock remained flat at $2.28 on Wednesday. The company’s 50-day moving average is $2.34 and its 200 day moving average is $2.45. Tongcheng Travel has a 52 week low of $2.28 and a 52 week high of $2.28.

About Tongcheng Travel

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.