Short Interest in Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Increases By 1,288.8%

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 211,100 shares, a growth of 1,288.8% from the December 15th total of 15,200 shares. Currently, 68.5% of the company’s stock are short sold. Based on an average daily volume of 140,300 shares, the short-interest ratio is presently 1.5 days.

Tian Ruixiang Trading Down 1.8 %

Shares of TIRX stock traded down $0.03 during midday trading on Monday, hitting $1.64. The company had a trading volume of 499,371 shares, compared to its average volume of 524,006. The company’s 50 day simple moving average is $1.70 and its 200 day simple moving average is $1.84. Tian Ruixiang has a 52-week low of $1.38 and a 52-week 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.