Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Increases By 76.9%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) saw a significant growth in short interest in October. As of October 31st, there was short interest totalling 8,702,800 shares, a growth of 76.9% from the October 15th total of 4,918,800 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Tingyi (Cayman Islands) Price Performance

OTCMKTS:TCYMF remained flat at $1.53 during midday trading on Friday. Tingyi has a fifty-two week low of $1.53 and a fifty-two week high of $1.53. The business’s 50 day moving average price is $1.34 and its 200 day moving average price is $1.23. The company has a quick ratio of 0.51, a current ratio of 0.63 and a debt-to-equity ratio of 0.25.

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.