Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF – Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totaling 2,422,544 shares, a decrease of 52.1% from the April 30th total of 5,059,958 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.
Tongcheng Travel Stock Performance
Shares of OTCMKTS:TNGCF remained flat at $2.80 during trading on Monday. The stock has a 50-day moving average of $2.80 and a 200 day moving average of $2.80. Tongcheng Travel has a fifty-two week low of $2.61 and a fifty-two week high of $2.80.
About Tongcheng Travel
Tongcheng Travel (OTCMKTS:TNGCF) is a China-based online travel agency that offers a comprehensive suite of travel services to leisure and business customers. The company’s platform enables users to search for, compare and book a wide range of travel products, including domestic and international package tours, standalone hotel accommodations, transportation tickets, attraction admission vouchers and local guided excursions.
In addition to its core booking services, Tongcheng Travel provides ancillary travel solutions such as visa assistance, corporate travel management and meetings, incentives, conferences and exhibitions (MICE) support.
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