Tuniu Co. (NASDAQ:TOUR – Get Free Report) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 158,000 shares, a drop of 13.6% from the December 15th total of 182,900 shares. Based on an average daily trading volume, of 298,000 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the company’s shares are sold short.
Hedge Funds Weigh In On Tuniu
A number of hedge funds have recently made changes to their positions in TOUR. Symmetry Peak Management LLC purchased a new stake in Tuniu during the 3rd quarter worth $39,000. XTX Topco Ltd lifted its stake in shares of Tuniu by 163.8% during the third quarter. XTX Topco Ltd now owns 28,986 shares of the technology company’s stock worth $41,000 after purchasing an additional 18,000 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in shares of Tuniu in the third quarter worth about $50,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Tuniu by 13.4% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 137,877 shares of the technology company’s stock valued at $196,000 after buying an additional 16,248 shares in the last quarter.
Tuniu Stock Performance
TOUR traded up $0.03 on Friday, reaching $1.00. 193,068 shares of the company’s stock were exchanged, compared to its average volume of 153,998. The company has a market cap of $123.84 million, a price-to-earnings ratio of -100,000.00 and a beta of 1.70. Tuniu has a twelve month low of $0.59 and a twelve month high of $1.76. The company’s 50 day moving average is $1.03 and its 200-day moving average is $0.99.
Analyst Ratings Changes
Read Our Latest Report on Tuniu
About Tuniu
Tuniu Corporation operates as an online leisure travel company in China. The company offers various packaged 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 booking services, as well as air, train, and bus ticketing for leisure travelers.
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