TCTM Kids IT Education Inc. (NASDAQ:TCTM) Short Interest Up 345.0% in January

TCTM Kids IT Education Inc. (NASDAQ:TCTM) saw a large growth in short interest in January. As of January 31st, there was short interest totalling 494,000 shares, a growth of 345.0% from the January 15th total of 111,000 shares. Approximately 5.9% of the company’s shares are short sold. Based on an average trading volume of 13,380,000 shares, the days-to-cover ratio is presently 0.0 days.

TCTM Kids IT Education Stock Performance

Shares of TCTM traded up $0.01 on Wednesday, reaching $0.49. 4,096,842 shares of the company’s stock traded hands, compared to its average volume of 31,130,654. The stock’s 50 day simple moving average is $0.62 and its two-hundred day simple moving average is $0.86. TCTM Kids IT Education has a 52-week low of $0.18 and a 52-week high of $2.99.

About TCTM Kids IT Education

TCTM Kids IT Education Inc, through its subsidiaries, engages in the provision of IT-focused education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers.