Trainline Plc (OTCMKTS:TNLIY) Stock Short Interest Rises 111.1%

Trainline Plc (OTCMKTS:TNLIY) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 380 shares, an increase of 111.1% from the August 31st total of 180 shares. Based on an average trading volume of 60 shares, the short-interest ratio is presently 6.3 days.

Trainline Stock Performance

OTCMKTS TNLIY remained flat at $5.63 during trading hours on Tuesday. The stock’s fifty day simple moving average is $5.81 and its 200 day simple moving average is $5.98. Trainline has a fifty-two week low of $5.60 and a fifty-two week high of $5.63.

Trainline Company Profile

Trainline plc is a digital rail and coach travel platform that enables customers to search for routes, compare fares, and purchase tickets through its website and mobile applications. The company aggregates travel options from multiple train and coach operators, providing journey planning, booking, ticketing, and travel information services.

Trainline serves passengers in the United Kingdom and across Europe. In addition to its consumer-facing platform, the company offers technology and distribution services through Trainline Partner Solutions, which allows businesses and third-party platforms to provide rail and coach booking capabilities to their customers.

The business traces its origins to the UK rail-ticketing service launched in the late 1990s and later expanded into European markets.