Tuniu Co. (NASDAQ:TOUR) Short Interest Down 13.6% in December

Tuniu Co. (NASDAQ:TOUR) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totalling 158,000 shares, a decline of 13.6% from the December 15th total of 182,900 shares. Based on an average daily trading volume, of 298,000 shares, the short-interest ratio is currently 0.5 days. Approximately 0.1% of the company’s stock are short sold.

Institutional Trading of Tuniu

Institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio acquired a new stake in shares of Tuniu in the 3rd quarter valued at about $50,000. XTX Topco Ltd increased its holdings in Tuniu by 163.8% in the third quarter. XTX Topco Ltd now owns 28,986 shares of the technology company’s stock valued at $41,000 after buying an additional 18,000 shares during the last quarter. Symmetry Peak Management LLC acquired a new stake in Tuniu during the third quarter valued at approximately $39,000. Finally, Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Tuniu by 13.4% during the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company’s stock worth $196,000 after buying an additional 16,248 shares during the last quarter.

Tuniu Trading Up 0.5 %

TOUR stock traded up $0.01 during midday trading on Thursday, hitting $0.96. 39,936 shares of the company’s stock were exchanged, compared to its average volume of 102,401. The firm has a 50 day moving average price of $1.04 and a 200-day moving average price of $0.99. Tuniu has a 12-month low of $0.59 and a 12-month high of $1.76. The stock has a market capitalization of $119.01 million, a price-to-earnings ratio of -96,100.00 and a beta of 1.70.

Analyst Ratings Changes

Separately, StockNews.com upgraded Tuniu from a “hold” rating to a “buy” rating in a research note on Friday, November 29th.

About Tuniu

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.