Ctrip.com International Ltd. (NASDAQ:CTRP), According to the latest information the short interest in Ctrip.com International, Ltd. – American Depositary Shares shot up by 9.6% or 3,215,141 shares. The final shorts are 8% of the total floated shares. The positions increased from 33,479,567 shares on May 31,2016 to 36,694,708 on June 15,2016. According to the per-day average trading of 5,646,080 shares, the days to cover are 6. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 24th after market close.
Ctrip.com International Ltd. (NASDAQ:CTRP): The stock opened at $39.25 on Friday but the bulls could not build on the opening and the stock topped out at $40.15 for the day. The stock traded down to $39.05 during the day, due to lack of any buying support eventually closed down at $39.60 with a loss of -2.58% for the day. The stock had closed at $40.65 on the previous day. The total traded volume was 7,894,045 shares.
The company shares have rallied 12.17% from its 1 Year high price. On Nov 19, 2015, the shares registered one year high at $57.36 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $42.56 and the 200 Day Moving Average price is recorded at $43.59.
Stocks of Ctrip.com International Ltd. (NASDAQ:CTRP) rallied by 4.05% during the past week but lost 13.73% on a 4-week basis. The company has outperformed the S&P 500 by 5.77% in the past week but underperformed the index by 11.12% in the last 4 weeks.
Ctrip.com International, Ltd. is a travel service provider for hotel accommodations, transportation ticketing services, packaged tours and corporate travel management in China. The Company aggregates hotel and flight information to enable business and leisure travelers to make informed bookings. The Company also helps customers book tour packages and guided tours. In addition, its corporate travel management services help corporate clients manage their travel requirements. The Company also offers Internet-related advertising and other related services. The Company enables its customers to choose and reserve hotel rooms in cities throughout China and abroad; book and purchase transportation tickets for domestic and international flights and trains, and choose and reserve packaged tours that include transportation and accommodations, as well as guided tours and other value-added services in some instances.