Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMF) Short Interest Down 21.3% in July

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TCYMFGet Rating) saw a significant drop in short interest in July. As of July 15th, there was short interest totalling 4,045,400 shares, a drop of 21.3% from the June 30th total of 5,140,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 40,454.0 days.

Tingyi (Cayman Islands) Price Performance

Tingyi (Cayman Islands) stock opened at $1.69 on Thursday. Tingyi has a 1-year low of $1.69 and a 1-year high of $2.33. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.70 and a current ratio of 0.86. The stock’s fifty day moving average is $1.72 and its two-hundred day moving average is $1.90.

About Tingyi (Cayman Islands)

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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, milk tea, bottled water, and carbonated soft drinks, as well as coffee drinks/functional drinks/probiotics.

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