Tongcheng Travel Holdings Limited (OTCMKTS:TNGCF – Get Free Report) was the target of a significant drop in short interest in June. As of June 15th, there was short interest totaling 506,996 shares, a drop of 76.2% from the May 31st total of 2,134,144 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days.
Tongcheng Travel Price Performance
TNGCF stock opened at $2.80 on Monday. Tongcheng Travel has a 52 week low of $2.61 and a 52 week high of $2.80. The firm has a 50-day simple moving average of $2.80 and a 200-day simple moving average 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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