Tuniu Corporation (NASDAQ:TOUR) Sees Significant Decrease in Short Interest

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 significant 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. Based on an average daily volume of 255,700 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 255,700 shares, the days-to-cover ratio is currently 0.6 days.

Tuniu Price Performance

NASDAQ:TOUR traded down $0.03 during trading hours on Friday, reaching $0.91. 216,500 shares of the company were exchanged, compared to its average volume of 291,175. The company has a market capitalization of $106.53 million, a P/E ratio of 18.21 and a beta of 1.71. Tuniu has a 1-year low of $0.75 and a 1-year high of $1.76. The business has a 50 day moving average of $0.85 and a 200 day moving average of $0.91.

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

Tuniu announced that its board has authorized a stock repurchase plan on Friday, August 15th that allows the company to repurchase $0.00 in outstanding shares. This repurchase authorization allows the technology company to purchase shares of its stock through open market purchases. Shares repurchase plans are typically a sign that the company's leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

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

Institutional Trading of Tuniu

Several large investors have recently bought and sold shares of the business. Millennium Management LLC boosted its holdings in shares of Tuniu by 93.9% during the 4th quarter. Millennium Management LLC now owns 34,864 shares of the technology company's stock valued at $36,000 after acquiring an additional 16,882 shares in the last quarter. Acadian Asset Management LLC boosted its holdings in shares of Tuniu by 123.6% during the 1st quarter. Acadian Asset Management LLC now owns 103,781 shares of the technology company's stock valued at $112,000 after acquiring an additional 57,358 shares in the last quarter. Two Sigma Advisers LP acquired a new stake in shares of Tuniu during the 4th quarter valued at $109,000. Finally, Two Sigma Investments LP acquired a new stake in shares of Tuniu during the 4th quarter valued at $111,000.

Tuniu Company Profile

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.