TNL Mediagene (NASDAQ:TNMG) Stock Short Interest Report for September

TNL Mediagene (NASDAQ:TNMG) was the target of a large growth in short interest during the month of September. As of September 30th, there was short interest totaling 25,296 shares, a growth of 257.6% from the September 15th total of 7,073 shares. Based on an average daily volume of 3,737,190 shares, the short-interest ratio is currently 0.0 days. Currently, 5.6% of the shares of the company are short sold.

TNL Mediagene Stock Down 0.4%

TNMG stock traded down $0.01 during trading on Tuesday, reaching $3.65. 6,494 shares of the company were exchanged, compared to its average volume of 874,838. TNL Mediagene has a 52-week low of $2.45 and a 52-week high of $92.88. The stock’s 50 day moving average price is $3.79 and its 200 day moving average price is $5.67.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. Weiss Ratings reiterated a “sell (e+)” rating on shares of TNL Mediagene in a research report on Tuesday, September 29th. Wall Street Zen upgraded shares of TNL Mediagene to a “sell” rating in a research note on Saturday, September 12th. One equities research analyst has rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $112.00.

TNL Mediagene Company Profile

TNL Mediagene is a digital media and technology company focused on creating, publishing and distributing online content for audiences in Asia. The company operates through a portfolio of media brands and provides editorial content across topics such as business, technology, culture, lifestyle and current affairs.

Its activities include digital publishing, content production, advertising and marketing solutions, and other services that help brands reach targeted audiences through online media.