Tuniu Co. (NASDAQ:TOUR) sees a significant increase in short-term interest

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Tuniu Co. (NASDAQ: TOUR – Get Rating) benefited from strong short-term interest growth in June. As of June 15, there was short interest totaling 66,400 shares, a growth of 27.0% from the total of 52,300 shares as of May 31. Based on an average trading volume of 174,900 shares, the short-term interest rate ratio is currently 0.4 days. About 0.1% of the stock’s shares are sold short.

NASDAQ:TOWER opened at $1.30 on Monday. The company has a fifty-day simple moving average of $0.58 and a two-hundred-day simple moving average of $0.88. The company has a market capitalization of $168.71 million, a price-earnings ratio of -8.67 and a beta of 1.44. The company has a quick ratio of 1.49, a current ratio of 1.49 and a leverage ratio of 0.01. Tuniu has a 52-week low of $0.46 and a 52-week high of $2.36.

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

Separately, StockNews.com began covering Tuniu shares in a research note on Sunday. They issued a “holding” rating on the stock.

Tuniu company profile (Get an assessment)

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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