Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Update

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant growth in short interest during the month of January. As of January 15th, there was short interest totalling 211,100 shares, a growth of 1,288.8% from the December 31st total of 15,200 shares. Currently, 68.5% of the company’s stock are sold short. Based on an average daily volume of 140,300 shares, the short-interest ratio is presently 1.5 days.

Tian Ruixiang Stock Down 3.6 %

TIRX stock traded down $0.07 during mid-day trading on Wednesday, reaching $1.75. The company had a trading volume of 22,373 shares, compared to its average volume of 238,443. Tian Ruixiang has a 52 week low of $1.38 and a 52 week high of $7.40. The stock has a 50 day simple moving average of $1.69 and a two-hundred day simple moving average of $1.79.

About Tian Ruixiang

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.