Tuniu Co. (NASDAQ:TOUR) Sees Significant Short-Term Interest Growth

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Tuniu Co. (NASDAQ: TOUR – Get Rating) enjoyed significant growth in short-term interest in June. As of June 30, there was short interest totaling 4,590,000 shares, a growth of 6,812.7% from the total of 66,400 shares as of June 15. Based on an average daily trading volume of 2,300,000 shares, the short-term interest rate ratio is currently 2.0 days. Currently, 3.9% of the stock’s shares are sold short.

Tuniu shares opened at $1.23 on Thursday. The company has a market capitalization of $159.63 million, a price-earnings ratio of -8.20 and a beta of 1.45. 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 12-month low of $0.46 and a 12-month high of $2.25. The company’s 50-day moving average price is $0.68 and its two-hundred-day moving average price is $0.90.

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

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

About Tunisia (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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