TCTM Kids IT Education Inc. (NASDAQ:TCTM) Short Interest Up 345.0% in January

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 494,000 shares, a growth of 345.0% from the January 15th total of 111,000 shares. Currently, 5.9% of the shares of the company are sold short. Based on an average trading volume of 13,380,000 shares, the days-to-cover ratio is presently 0.0 days.

TCTM Kids IT Education Price Performance

NASDAQ:TCTM traded down $0.00 during mid-day trading on Thursday, hitting $0.45. 621,057 shares of the stock traded hands, compared to its average volume of 30,091,326. The business’s 50-day moving average price is $0.61 and its 200 day moving average price is $0.86. TCTM Kids IT Education has a 12-month low of $0.18 and a 12-month high of $2.99.

About TCTM Kids IT Education

TCTM Kids IT Education Inc, through its subsidiaries, engages in the provision of IT-focused education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers.