TravelSky Technology Ltd. (OTCMKTS:TSYHY) Sees Large Increase in Short Interest

TravelSky Technology Ltd. (OTCMKTS:TSYHY) was the recipient of a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 1,571 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average daily volume of 5,735 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 $0.19 during trading hours on Tuesday, hitting $11.82. The stock had a trading volume of 4,211 shares, compared to its average volume of 5,339. The company has a current ratio of 3.05, a quick ratio of 3.04 and a debt-to-equity ratio of 0.02. The company’s fifty day simple moving average is $12.64 and its 200 day simple moving average is $13.30. TravelSky Technology has a 12-month low of $11.40 and a 12-month high of $16.70.

TravelSky Technology Company Profile

TravelSky Technology Limited is a leading provider of information technology solutions for the air travel industry in the People’s Republic of China. Established in 2001 through an asset reorganization of aviation IT operations previously overseen by the Civil Aviation Administration of China, the company has developed a comprehensive platform for airline reservation, distribution and related services. TravelSky’s technology underpins the vast majority of domestic air ticketing in China and supports a growing number of international carriers and travel agencies.

The company’s core offerings include a passenger service system (PSS) that manages reservation and ticketing processes, as well as an electronic distribution network that connects airlines with travel agents, corporate accounts and online channels.