Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Sees Large Drop in Short Interest

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant decrease in short interest in February. As of February 15th, there was short interest totalling 74,300 shares, a decrease of 29.4% from the January 31st total of 105,200 shares. Based on an average daily trading volume, of 174,800 shares, the short-interest ratio is presently 0.4 days. Currently, 10.4% of the shares of the company are sold short.

Tian Ruixiang Stock Up 2.4 %

TIRX traded up $0.04 on Wednesday, reaching $1.54. The stock had a trading volume of 3,443 shares, compared to its average volume of 312,267. The business’s 50-day moving average price is $1.70 and its two-hundred day moving average price is $1.76. Tian Ruixiang has a 12-month low of $1.38 and a 12-month high of $7.40.

Tian Ruixiang Company Profile

Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. It distributes a range of insurance products, including property and casualty insurance, such as automobile, commercial property, liability, and accidental insurance; and life insurance comprising individual and group life insurances, as well as health and miscellaneous insurance.