TuanChe Limited (NASDAQ:TC) Short Interest Update

TuanChe Limited (NASDAQ:TC) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 25,300 shares, a decline of 82.7% from the January 31st total of 146,000 shares. Based on an average daily volume of 745,000 shares, the days-to-cover ratio is presently 0.0 days.

TuanChe Trading Down 4.9 %

NASDAQ:TC traded down $0.05 during mid-day trading on Thursday, hitting $0.95. The stock had a trading volume of 150,258 shares, compared to its average volume of 1,098,677. TuanChe has a 52 week low of $0.75 and a 52 week high of $4.30. The company has a 50 day simple moving average of $0.98 and a 200-day simple moving average of $1.25.

About TuanChe

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China and internationally. It organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction.