Short Interest in Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Declines By 43.0%

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 19,200 shares, a decline of 43.0% from the October 31st total of 33,700 shares. Currently, 6.2% of the company’s shares are short sold. Based on an average daily volume of 45,800 shares, the days-to-cover ratio is currently 0.4 days.

Tian Ruixiang Stock Performance

Shares of NASDAQ:TIRX traded up $0.02 during trading on Friday, reaching $1.72. 1,178 shares of the company traded hands, compared to its average volume of 302,592. Tian Ruixiang has a 52-week low of $1.53 and a 52-week high of $7.40. The business’s fifty day moving average is $1.85 and its 200-day moving average is $2.05.

Tian Ruixiang Company Profile

Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. It distributes a range of insurance products, including property and casualty insurance, such as automobile, commercial property, liability, and accidental insurance; and life insurance comprising individual and group life insurances, as well as health and miscellaneous insurance.