TCTM Kids IT Education Inc. (NASDAQ:TCTM) Sees Large Decline in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:TCTM) saw a large drop in short interest in the month of April. As of April 15th, there was short interest totalling 34,800 shares, a drop of 27.3% from the March 31st total of 47,900 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average daily trading volume, of 263,000 shares, the short-interest ratio is currently 0.1 days.

TCTM Kids IT Education Stock Performance

Shares of NASDAQ TCTM traded down $0.15 during midday trading on Friday, hitting $2.11. The stock had a trading volume of 39,064 shares, compared to its average volume of 33,461. The stock has a 50-day simple moving average of $2.10. TCTM Kids IT Education has a fifty-two week low of $0.75 and a fifty-two week high of $6.20.

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.