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

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the target of a significant increase in short interest in July. As of July 15th, there was short interest totalling 149,000 shares, an increase of 503.2% from the June 30th total of 24,700 shares. Based on an average daily volume of 719,300 shares, the days-to-cover ratio is currently 0.2 days. Approximately 49.9% of the shares of the company are short sold.

Tian Ruixiang Price Performance

Tian Ruixiang stock traded down $0.37 during midday trading on Friday, hitting $1.81. The company’s stock had a trading volume of 254,639 shares, compared to its average volume of 457,100. The stock’s 50-day moving average price is $2.42 and its 200-day moving average price is $2.63. Tian Ruixiang has a 12 month low of $1.70 and a 12 month high of $10.70.

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.