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TravelSky Technology Ltd. (OTCMKTS:TSYHY) Short Interest Down 92.3% in July

TravelSky Technology logo with Computer and Technology background

Key Points

  • Short Interest Decline: TravelSky Technology Ltd. experienced a significant decline in short interest, dropping 92.3% in July to just 100 shares, with 0.0% of its stock currently short sold.
  • Dividend Increase: The company declared a new dividend of $0.2797, set to be paid on October 8th, marking a notable increase from a previous dividend of $0.18 and representing a yield of 201.0%.
  • Stock Performance: Shares of TravelSky Technology traded down 2.2% to $15.53, with a 52-week range between $10.17 and $17.39.
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TravelSky Technology Ltd. (OTCMKTS:TSYHY - Get Free Report) was the recipient of a large decline in short interest in July. As of July 31st, there was short interest totaling 100 shares, adeclineof92.3% from the July 15th total of 1,300 shares. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately0.0% of the company's stock are short sold. Approximately0.0% of the company's stock are short sold. Based on an average daily trading volume, of 5,000 shares, the days-to-cover ratio is currently 0.0 days.

TravelSky Technology Stock Up 2.7%

TravelSky Technology stock traded up $0.42 during trading hours on Monday, hitting $15.95. The company had a trading volume of 374 shares, compared to its average volume of 1,796. TravelSky Technology has a one year low of $10.17 and a one year high of $17.39. The firm has a 50-day moving average of $14.85 and a 200 day moving average of $14.35.

TravelSky Technology Increases Dividend

The firm also recently announced 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 is a boost from TravelSky Technology's previous dividend of $0.18. This represents a dividend yield of 201.0%. The ex-dividend date of this dividend is Wednesday, June 18th.

TravelSky Technology Company Profile

(Get Free Report)

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.

Further Reading

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