Tuniu Co. (NASDAQ:TOUR) Short Interest Update

Tuniu Co. (NASDAQ:TOUR) was the target of a large growth in short interest in October. As of October 15th, there was short interest totalling 386,200 shares, a growth of 132.4% from the September 30th total of 166,200 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 556,400 shares, the days-to-cover ratio is currently 0.7 days.

Tuniu Trading Up 5.5 %

TOUR stock traded up $0.06 during trading on Friday, reaching $1.16. 226,214 shares of the stock were exchanged, compared to its average volume of 366,863. The stock has a 50 day simple moving average of $0.99 and a 200-day simple moving average of $0.95. The company has a market capitalization of $143.65 million, a P/E ratio of -19.33 and a beta of 1.64. Tuniu has a twelve month low of $0.59 and a twelve month high of $1.76.

Tuniu (NASDAQ:TOUR) last posted its quarterly earnings results on Tuesday, August 6th. The technology company reported $0.03 earnings per share for the quarter. The business had revenue of $16.09 million for the quarter. Tuniu had a positive return on equity of 9.17% and a negative net margin of 7.75%.

Analyst Upgrades and Downgrades

Separately, StockNews.com initiated coverage on shares of Tuniu in a report on Wednesday. They issued a “buy” rating on the stock.

Tuniu Company Profile

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.