Short Interest in Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) Expands By 254.8%

Tingyi (Cayman Islands) Holding Corp. (OTCMKTS:TYCMY) was the target of a large increase in short interest in July. As of July 15th, there was short interest totaling 9,438 shares, an increase of 254.8% from the June 30th total of 2,660 shares. Based on an average daily trading volume, of 27,014 shares, the days-to-cover ratio is currently 0.3 days.

Tingyi (Cayman Islands) Stock Down 4.2%

TYCMY opened at C$28.01 on Friday. The company has a fifty day moving average of C$28.54 and a 200 day moving average of C$31.11. Tingyi has a fifty-two week low of C$23.63 and a fifty-two week high of C$35.95.

Tingyi (Cayman Islands) Company Profile

Tingyi (Cayman Islands) Holding Corp. is a Cayman Islands–registered holding company that controls Shanghai Tingyi Master Kong Food Co, Ltd., one of China’s foremost producers of instant noodles and beverages. Through its subsidiaries, the company develops, manufactures and markets a broad range of ready-to-eat noodle products, bottled water, ready-to-drink teas, fruit juices and other beverage offerings under the Master Kong and related brand names.

Its instant noodle portfolio includes multiple flavor profiles and packaging formats—such as cup, bowl and bag presentations—while its beverage segment encompasses purified water, iced teas and fruit-based refreshments designed to meet diverse consumer tastes.