Short Interest in TravelSky Technology Ltd. (OTCMKTS:TSYHY) Expands By 300.0%

Key Points

• Short interest for TravelSky Technology Ltd. increased by 300.0% in August, climbing from 100 shares to 400 shares.
• The company recently declared a dividend of $0.2797 per share, resulting in a dividend yield of 201.0%, up from the previous dividend of $0.18.
• TravelSky's stock performance shows a 12-month price range with a low of $11.29 and a high of $17.39, with shares opening at $14.03.

TravelSky Technology Ltd. (OTCMKTS:TSYHY - ) saw a significant growth in short interest during the month of August. As of August 15th, there was short interest totaling 400 shares, agrowthof300.0% from the July 31st total of 100 shares. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 1,400 shares, the days-to-cover ratio is presently 0.3 days.

TravelSky Technology Price Performance

Shares of OTCMKTS TSYHY opened at $14.03 on Wednesday. TravelSky Technology has a 12-month low of $11.29 and a 12-month high of $17.39. The stock's 50 day simple moving average is $15.09 and its 200 day simple moving average is $14.52.

TravelSky Technology Increases Dividend

The firm also recently declared a dividend, which will be paid on Wednesday, October 8th. Stockholders of record on Thursday, June 19th will be issued a dividend of $0.2797 per share. This represents a dividend yield of 201.0%. This is a boost from TravelSky Technology's previous dividend of $0.18. The ex-dividend date of this dividend is Wednesday, June 18th.

About TravelSky Technology

TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industries in the People's Republic of China. It primarily offers aviation information technology (AIT), distribution information technology, accounting, settlement, and clearing services.

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