Trainline Plc (OTCMKTS:TNLIF) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 99,600 shares, an increase of 4,427.3% from the September 30th total of 2,200 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 498.0 days.
Separately, Peel Hunt reiterated a “buy” rating on shares of Trainline in a research report on Tuesday, July 28th.
Shares of TNLIF stock opened at $4.75 on Thursday. Trainline has a 1 year low of $4.75 and a 1 year high of $4.78. The firm’s fifty day moving average price is $4.54.
Trainline Plc operates an independent rail and coach travel platform. The company operates through three segments: UK Consumer, International, and Trainline for Business. The UK Consumer segment sells rail tickets to domestic and inbound customers on behalf of various rail and coach carriers in the United Kingdom.
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