Tuniu Co. (NASDAQ: TOUR) Brief Interest Update

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Tuniu Co. (NASDAQ: TOUR – Get Rating) benefited from a surge in short-term interest in May. As of May 31, there was selling interest totaling 52,300 shares, an increase of 58.0% from the May 15 total of 33,100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily volume of 177,100 shares, the short interest ratio is currently 0.3 days.

NASDAQ TOWER shares opened at $0.50 on Tuesday. Tuniu has a 12-month low of $0.46 and a 12-month high of $3.07. The company has a market capitalization of $65.41 million, a P/E ratio of -3.36 and a beta of 2.15. The company has a current ratio of 1.49, a quick ratio of 1.49 and a debt ratio of 0.01. The stock has a fifty-day moving average price of $0.63 and a 200-day moving average price of $0.91.

Tuniu (NASDAQ:TOUR – Get Rating) last announced its results on Thursday, June 9. The technology company reported ($0.05) earnings per share for the quarter. The company had revenue of $6.54 million for the quarter. Tuniu had a negative net margin of 31.54% and a negative return on equity of 8.45%.

Separately, StockNews.com launched coverage on Tuniu in a Thursday, June 9 report. They issued a “holding” rating for the company.

Several institutional investors have recently changed their positions in the company. Morgan Stanley increased its stake in Tuniu shares by 0.9% during the second quarter. Morgan Stanley now owns 3,151,425 shares of the technology company valued at $7,500,000 after acquiring 28,338 additional shares last quarter. Virtu Financial LLC bought a new stock position in Tuniu during the fourth quarter worth approximately $43,000. Renaissance Technologies LLC increased its position in Tuniu shares by 40.7% during the fourth quarter. Renaissance Technologies LLC now owns 679,799 shares of the technology company worth $659,000 after purchasing an additional 196,523 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Tuniu during the fourth quarter for a value of approximately $485,000. Finally, Goldman Sachs Group Inc. bought a new stock position in Tuniu during the fourth quarter worth approximately $1,403,000. Institutional investors hold 8.91% of the company’s shares.

About Tunisia (Get an evaluation)

Tuniu Corporation is an online leisure travel company in China. The company offers various organized 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 reservation services, and air ticketing , train and bus for leisure travellers.

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