TravelSky Technology Ltd. (OTCMKTS:TSYHY) Short Interest Down 63.6% in June

TravelSky Technology Ltd. (OTCMKTS:TSYHY) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 610 shares, a decline of 63.6% from the May 31st total of 1,675 shares. Based on an average trading volume of 8,020 shares, the short-interest ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short.

TravelSky Technology Stock Performance

Shares of OTCMKTS:TSYHY opened at $10.61 on Monday. The business’s 50 day moving average is $11.96 and its 200 day moving average is $12.96. TravelSky Technology has a 52-week low of $10.50 and a 52-week high of $16.70. The company has a debt-to-equity ratio of 0.02, a current ratio of 3.05 and a quick ratio of 3.04.

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.