TravelSky Technology Ltd. (OTCMKTS:TSYHY) Sees Significant Growth in Short Interest

TravelSky Technology Ltd. (OTCMKTS:TSYHY) was the recipient of a significant increase in short interest in August. As of August 31st, there was short interest totaling 12,618 shares, an increase of 61.2% from the August 15th total of 7,829 shares. Based on an average daily volume of 4,718 shares, the short-interest ratio is presently 2.7 days. Approximately 0.0% of the shares of the stock are short sold.

TravelSky Technology Price Performance

TravelSky Technology stock remained flat at $11.54 during mid-day trading on Thursday. 395 shares of the company were exchanged, compared to its average volume of 2,730. The firm’s 50-day moving average price is $11.00 and its 200 day moving average price is $11.83. The company has a quick ratio of 3.04, a current ratio of 3.05 and a debt-to-equity ratio of 0.02. TravelSky Technology has a 52 week low of $10.11 and a 52 week high of $15.30.

About TravelSky Technology

TravelSky Technology Limited is a China-based information technology company that provides systems and services for the civil aviation and travel industries. Its platforms support airline reservations, ticket distribution, passenger processing, flight operations, airport management and related aviation information services.

The company offers computer reservation and passenger service systems, travel distribution and inventory management solutions, airport operational systems, air cargo information services, and data-processing and settlement support.