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

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) saw a large drop in short interest in the month of February. As of February 28th, there was short interest totalling 55,100 shares, a drop of 25.8% from the February 13th total of 74,300 shares. Based on an average trading volume of 173,800 shares, the days-to-cover ratio is currently 0.3 days. Currently, 7.7% of the company’s shares are sold short.

Tian Ruixiang Stock Performance

Tian Ruixiang stock traded down $0.05 during midday trading on Friday, reaching $1.53. 1,772 shares of the stock traded hands, compared to its average volume of 314,637. The company has a 50-day simple moving average of $1.66 and a two-hundred day simple moving average of $1.75. Tian Ruixiang has a 12-month low of $1.38 and a 12-month high of $7.40.

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.