Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Expands By 42.9%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) saw a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,000 shares, an increase of 42.9% from the December 15th total of 700 shares. Based on an average daily volume of 19,200 shares, the days-to-cover ratio is presently 0.1 days.

Tingyi (Cayman Islands) Price Performance

Shares of OTCMKTS:TYCMY opened at C$28.71 on Thursday. Tingyi has a 12-month low of C$18.09 and a 12-month high of C$32.98. The stock’s 50-day moving average price is C$26.63 and its two-hundred day moving average price is C$26.80.

Tingyi (Cayman Islands) Company Profile

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; various noodles; and coffee/functional/probiotics drinks.