Tongdao Liepin Group (OTCMKTS:TGDLF) saw a significant increase in short interest during the month of May. As of May 28th, there was short interest totalling 142,800 shares, an increase of 17,750.0% from the May 13th total of 800 shares. Based on an average trading volume of 100,800 shares, the short-interest ratio is currently 1.4 days.
Shares of OTCMKTS:TGDLF remained flat at $$2.85 during trading on Friday. 60,000 shares of the stock traded hands, compared to its average volume of 44,600. Tongdao Liepin Group has a 12 month low of $2.59 and a 12 month high of $3.31.
Separately, JPMorgan Chase & Co. raised shares of Tongdao Liepin Group from a “neutral” rating to an “overweight” rating in a research note on Thursday, April 15th.
Tongdao Liepin Group, an investment holding company, operates an online talent services platform in the People's Republic of China. The company operates Liepin, a talent acquisition platform, which offers online recruitment services for headhunters, business users, and individual users. It also operates Duomian, a video-based talent platform that allows job descriptions of business users and self-introductions of individual users in short video format; Xunhou, a staffing platform, which provides staffing SaaS solutions, such as human resource outsourcing, recruitment outsourcing, personnel agency, and campus recruitment; Lebanban, a training and assessment platform that offers employee learning and development solutions comprising training courses and employee performance evaluation; and Wenjuanxing, a survey SaaS platform, which provides data collection, storage, and analysis, as well as offers Liepin Campus, a campus recruitment solution, including online/offline campus presentation, employer branding, etc.
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