Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Sees Significant Drop in Short Interest

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) saw a significant decline in short interest in the month of April. As of April 15th, there was short interest totalling 700 shares, a decline of 81.1% from the March 31st total of 3,700 shares. Based on an average trading volume of 19,100 shares, the short-interest ratio is presently 0.0 days.

Tingyi (Cayman Islands) Stock Performance

Shares of OTCMKTS TYCMY traded up C$0.06 during midday trading on Thursday, hitting C$22.00. 2,789 shares of the company’s stock were exchanged, compared to its average volume of 10,414. Tingyi has a twelve month low of C$18.09 and a twelve month high of C$35.62. The stock’s 50 day moving average price is C$22.09 and its 200-day moving average price is C$23.13.

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.