Taoping Inc. (NASDAQ:TAOP) Short Interest Down 40.6% in November

Taoping Inc. (NASDAQ:TAOP) saw a significant decline in short interest during the month of November. As of November 30th, there was short interest totalling 75,500 shares, a decline of 40.6% from the November 15th total of 127,200 shares. Currently, 1.9% of the shares of the stock are short sold. Based on an average daily volume of 704,600 shares, the short-interest ratio is currently 0.1 days.

Taoping Price Performance

Shares of TAOP stock traded down $0.02 during trading hours on Friday, reaching $0.32. 143,635 shares of the stock were exchanged, compared to its average volume of 558,689. Taoping has a 12-month low of $0.30 and a 12-month high of $2.01. The company’s 50-day moving average price is $0.43 and its 200-day moving average price is $0.57.

About Taoping

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.