Taoping Inc. (NASDAQ:TAOP) Short Interest Down 24.3% in December

Taoping Inc. (NASDAQ:TAOP) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 83,700 shares, a drop of 24.3% from the December 15th total of 110,500 shares. Based on an average daily volume of 3,000,000 shares, the short-interest ratio is presently 0.0 days. Currently, 2.1% of the shares of the stock are short sold.

Taoping Trading Down 0.3 %

Shares of Taoping stock traded down $0.00 during midday trading on Friday, hitting $0.31. 292,213 shares of the company traded hands, compared to its average volume of 3,264,363. The firm’s fifty day moving average price is $0.36 and its 200-day moving average price is $0.51. Taoping has a 12 month low of $0.29 and a 12 month high of $1.98.

Taoping Company Profile

Taoping Inc provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. It operates through Cloud-Based Technology and Traditional Information Technology segments.