Taoping Inc. (NASDAQ:TAOP – Get Free Report) was the target of a large growth in short interest in April. As of April 15th, there was short interest totalling 147,500 shares, a growth of 141.0% from the March 31st total of 61,200 shares. Currently, 14.6% of the company’s stock are short sold. Based on an average trading volume of 474,000 shares, the days-to-cover ratio is currently 0.3 days.
Taoping Stock Performance
TAOP stock traded down $0.06 during midday trading on Friday, hitting $0.98. The company’s stock had a trading volume of 158,979 shares, compared to its average volume of 233,397. Taoping has a 12 month low of $0.75 and a 12 month high of $10.20. The firm’s 50-day moving average is $1.14 and its 200-day moving average is $1.35.
About Taoping
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