TravelSky Technology Limited (OTCMKTS:TSYHY) Sees Significant Decrease in Short Interest

TravelSky Technology Limited (OTCMKTS:TSYHY) was the recipient of a significant decline in short interest during the month of July. As of July 15th, there was short interest totalling 2,800 shares, a decline of 24.3% from the June 30th total of 3,700 shares. Based on an average daily volume of 50,100 shares, the short-interest ratio is currently 0.1 days.

TravelSky Technology Price Performance

TravelSky Technology stock remained flat at $11.35 during midday trading on Friday. 1,807 shares of the company were exchanged, compared to its average volume of 20,034. TravelSky Technology has a 12 month low of $9.50 and a 12 month high of $19.41. The company’s 50 day simple moving average is $12.70 and its 200 day simple moving average is $12.24.

TravelSky Technology Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, October 7th. Shareholders of record on Thursday, June 27th will be paid a dividend of $0.1787 per share. The ex-dividend date is Thursday, June 27th. This is a positive change from TravelSky Technology’s previous dividend of $0.06.

TravelSky Technology Company Profile

TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industries in the People's Republic of China. It primarily offers aviation information technology (AIT), distribution information technology, accounting, settlement, and clearing services.