Short Interest in Tuniu Corporation (NASDAQ:TOUR) Drops By 27.6%

Key Points

• Tuniu Corporation experienced a significant decrease in short interest, falling by 27.6% in August, with current short interest totaling 148,300 shares.
• Several institutional investors, including Millennium Management and Acadian Asset Management, have increased their stakes in Tuniu, indicating growing confidence in the company's future.
• Tuniu's stock price is currently $0.93, reflecting a 1.1% decline, and the company reported a quarterly earnings of $0.03 per share with revenue of $18.83 million.

Tuniu Corporation (NASDAQ:TOUR - Get Free Report) saw a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 148,300 shares, a decrease of 27.6% from the August 15th total of 204,700 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily trading volume, of 255,700 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 255,700 shares, the days-to-cover ratio is currently 0.6 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Investors Weigh In On Tuniu

Hedge funds and other institutional investors have recently modified their holdings of the stock. Millennium Management LLC raised its stake in shares of Tuniu by 93.9% during the fourth quarter. Millennium Management LLC now owns 34,864 shares of the technology company's stock valued at $36,000 after purchasing an additional 16,882 shares in the last quarter. Acadian Asset Management LLC grew its stake in shares of Tuniu by 123.6% in the 1st quarter. Acadian Asset Management LLC now owns 103,781 shares of the technology company's stock worth $112,000 after purchasing an additional 57,358 shares during the last quarter. Two Sigma Advisers LP acquired a new position in shares of Tuniu in the 4th quarter worth approximately $109,000. Finally, Two Sigma Investments LP acquired a new position in shares of Tuniu in the 4th quarter worth approximately $111,000.

Tuniu Stock Down 1.1%

TOUR opened at $0.93 on Tuesday. The firm has a market capitalization of $108.70 million, a P/E ratio of 18.58 and a beta of 1.71. The firm's 50 day moving average is $0.85 and its 200-day moving average is $0.91. Tuniu has a 52-week low of $0.75 and a 52-week high of $1.76.

Tuniu (NASDAQ:TOUR - Get Free Report) last issued its quarterly earnings results on Friday, August 15th. The technology company reported $0.03 earnings per share (EPS) for the quarter. The business had revenue of $18.83 million during the quarter. Tuniu had a net margin of 5.82% and a return on equity of 5.94%. Tuniu has set its Q3 2025 guidance at EPS.

Tuniu declared that its Board of Directors has initiated a stock repurchase plan on Friday, August 15th that permits the company to buyback $0.00 in shares. This buyback authorization permits the technology company to buy shares of its stock through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

Separately, Wall Street Zen raised shares of Tuniu to a "hold" rating in a research note on Saturday, August 23rd.

About Tuniu

Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged tours, including organized and self-guided tours; and other travel-related services, such as tourist attraction tickets, visa application services, accommodation reservation, financial services, and hotel booking services, as well as air, train, and bus ticketing for leisure travelers.

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