Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 58,200 shares, a decrease of 53.2% from the February 28th total of 124,300 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average trading volume of 3,290,000 shares, the short-interest ratio is currently 0.0 days.

Taoping Trading Down 2.7 %

NASDAQ:TAOP opened at $0.25 on Friday. The company’s fifty day moving average price is $0.29 and its 200-day moving average price is $0.40. Taoping has a 1-year low of $0.23 and a 1-year high of $1.19.

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.