Short Interest in TravelSky Technology Ltd. (OTCMKTS:TSYHY) Expands By 25.0%

Key Points

• TravelSky Technology Ltd. saw a 25% increase in short interest in August, rising from 400 to 500 shares, with a short-interest ratio of 0.3 days based on average trading volume.
• The company's stock is currently trading at $14.04, down 1.7%, with a 1-year low of $11.30 and a high of $17.39.
• TravelSky provides information technology solutions for the aviation and travel industries in China, which include various IT services related to aviation operations.

TravelSky Technology Ltd. (OTCMKTS:TSYHY - Get Free Report) saw a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 500 shares, a growth of 25.0% from the August 15th total of 400 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 0.3 days. Based on an average daily volume of 1,600 shares, the short-interest ratio is presently 0.3 days. Approximately 0.0% of the shares of the stock are sold short.

TravelSky Technology Stock Performance

Shares of TSYHY traded down $0.85 during trading hours on Monday, reaching $14.01. 1,790 shares of the company traded hands, compared to its average volume of 1,229. The company has a quick ratio of 3.02, a current ratio of 3.03 and a debt-to-equity ratio of 0.02. TravelSky Technology has a fifty-two week low of $11.30 and a fifty-two week high of $17.39. The stock has a fifty day simple moving average of $15.09 and a 200 day simple moving average of $14.48.

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.