Tuniu Co. (NASDAQ:TOUR - Get Free Report) was the recipient of a significant increase in short interest in May. As of May 15th, there was short interest totalling 215,800 shares, an increase of 27.5% from the April 30th total of 169,300 shares. Based on an average trading volume of 183,300 shares, the days-to-cover ratio is presently 1.2 days. Currently, 0.2% of the company's stock are short sold.
Tuniu Trading Up 0.4%
NASDAQ:TOUR traded up $0.00 during mid-day trading on Wednesday, hitting $0.91. The stock had a trading volume of 78,848 shares, compared to its average volume of 280,475. The stock has a 50-day simple moving average of $0.92 and a two-hundred day simple moving average of $0.99. The company has a market capitalization of $106.06 million, a PE ratio of -90,610.00 and a beta of 1.71. Tuniu has a twelve month low of $0.71 and a twelve month high of $1.76.
Tuniu (NASDAQ:TOUR - Get Free Report) last issued its earnings results on Friday, March 14th. The technology company reported ($0.01) earnings per share for the quarter. Tuniu had a negative net margin of 6.22% and a positive return on equity of 9.44%. The firm had revenue of $14.07 million during the quarter.
Tuniu Dividend Announcement
The business also recently disclosed a -- dividend, which was paid on Thursday, April 24th. Shareholders of record on Thursday, March 27th were issued a dividend of $0.036 per share. The ex-dividend date of this dividend was Thursday, March 27th. Tuniu's payout ratio is currently 25.00%.
Hedge Funds Weigh In On Tuniu
A number of institutional investors have recently modified their holdings of TOUR. Rhumbline Advisers increased its holdings in shares of Tuniu by 166.0% in the 4th quarter. Rhumbline Advisers now owns 25,817 shares of the technology company's stock valued at $27,000 after acquiring an additional 16,110 shares during the period. Virtu Financial LLC acquired a new position in shares of Tuniu during the 4th quarter worth $28,000. XTX Topco Ltd boosted its position in shares of Tuniu by 158.6% in the 4th quarter. XTX Topco Ltd now owns 74,965 shares of the technology company's stock worth $77,000 after buying an additional 45,979 shares in the last quarter. Millennium Management LLC boosted its position in shares of Tuniu by 93.9% in the 4th quarter. Millennium Management LLC now owns 34,864 shares of the technology company's stock worth $36,000 after buying an additional 16,882 shares in the last quarter. Finally, Two Sigma Advisers LP purchased a new stake in shares of Tuniu in the 4th quarter worth about $109,000.
About Tuniu
(
Get Free Report)
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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