Tantech Holdings Ltd (NASDAQ:TANH – Get Free Report) was the recipient of a significant growth in short interest during the month of October. As of October 15th, there was short interest totalling 948,100 shares, a growth of 107.1% from the September 30th total of 457,800 shares. Based on an average trading volume of 11,720,000 shares, the short-interest ratio is currently 0.1 days. Currently, 17.5% of the shares of the company are sold short.
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on Tantech in a research report on Monday, October 21st. They set a “sell” rating on the stock.
View Our Latest Stock Analysis on Tantech
Tantech Stock Performance
Tantech Company Profile
Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging.
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