Tuniu Co. (NASDAQ:TOUR) Sees Significant Increase in Short Interest

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 daily trading volume, of 183,300 shares, the days-to-cover ratio is currently 1.2 days. Approximately 0.2% of the company's stock are sold short.

Tuniu Price Performance

TOUR traded up $0.04 during trading on Friday, reaching $0.96. The company had a trading volume of 130,040 shares, compared to its average volume of 277,825. Tuniu has a 12 month low of $0.71 and a 12 month high of $1.76. The company has a market cap of $112.85 million, a P/E ratio of -96,410.00 and a beta of 1.71. The business's fifty day moving average price is $0.92 and its 200 day moving average price is $0.99.

Tuniu (NASDAQ:TOUR - Get Free Report) last posted its quarterly earnings data on Friday, March 14th. The technology company reported ($0.01) earnings per share (EPS) for the quarter. Tuniu had a negative net margin of 6.22% and a positive return on equity of 9.44%. The business had revenue of $14.07 million during the quarter.

Tuniu Dividend Announcement

The firm also recently disclosed a -- dividend, which was paid on Thursday, April 24th. Stockholders of record on Thursday, March 27th were issued a $0.036 dividend. The ex-dividend date was Thursday, March 27th. Tuniu's dividend payout ratio (DPR) is presently 25.00%.

Institutional Trading of Tuniu

Hedge funds and other institutional investors have recently made changes to their positions in the business. Rhumbline Advisers raised its holdings in shares of Tuniu by 166.0% in the fourth quarter. Rhumbline Advisers now owns 25,817 shares of the technology company's stock valued at $27,000 after purchasing an additional 16,110 shares during the last quarter. Virtu Financial LLC acquired a new stake in shares of Tuniu in the fourth quarter valued at approximately $28,000. XTX Topco Ltd raised its holdings in shares of Tuniu by 158.6% in the fourth quarter. XTX Topco Ltd now owns 74,965 shares of the technology company's stock valued at $77,000 after purchasing an additional 45,979 shares during the last quarter. Acadian Asset Management LLC raised its holdings in shares of Tuniu by 123.6% in the first quarter. Acadian Asset Management LLC now owns 103,781 shares of the technology company's stock valued at $112,000 after purchasing an additional 57,358 shares during the last quarter. Finally, Millennium Management LLC increased its holdings in Tuniu by 93.9% during the fourth 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 during the last quarter.

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.