TUI AG (OTCMKTS:TUIFF) Sees Large Increase in Short Interest

() experienced a significant increase in short interest throughout the month of March. On April 30, there were 3,211,300 shorted shares. This is a 64.3% increase from the total of 1,954,500 on April 15. The short-interest ratio, based on an average daily share volume of 1,300, is 2,470.2.

TUI Stock Performance

The price of the stock remained unchanged at $6.70 on Friday during trading hours. The fifty-day moving average of the business is $12.84, and its 200 day moving average is $15.29. TUIFF was the subject of a few analyst reports. Citigroup upgraded shares of TUI to a "neutral" rating in a Tuesday, April 11, 2018 report. Barclays raised their target price for shares of TUI in a report published on Thursday, 5th May from GBX 125 (1.58 USD) to GBX 470 (5.93 USD). HSBC upgraded TUI shares from a hold' rating into a buy' rating in a report published on Wednesday, 3rd May. UBS Group upgraded shares of TUI to a "neutral" rating from a "sell" rating in a note published on Wednesday, April 19. In a research report published on Wednesday, January 18, Deutsche Bank Aktiengesellschaft raised their target price for shares of TUI, from GBX 1,400 (17.67) up to GBX 1.520 (19.18).

TUI - About TUI

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TUI AG is engaged in providing tour, hotel and resort, and cruise services. The company operates in three segments: Hotel & Resorts Cruises and TUI Musement. Hotel & Resorts comprises Group-owned and TUI Group hotel shareholdings. The Cruises segment comprises the joint venture TUI Cruises and its subsidiary Hapag-Lloyd Cruises. It also includes the British cruise company Marella Cruises.

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