Short Interest in Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Declines By 37.2%

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 34,600 shares, a decrease of 37.2% from the February 28th total of 55,100 shares. Currently, 4.8% of the company’s stock are short sold. Based on an average daily volume of 192,800 shares, the short-interest ratio is presently 0.2 days.

Tian Ruixiang Price Performance

NASDAQ TIRX opened at $1.27 on Friday. Tian Ruixiang has a 12 month low of $1.27 and a 12 month high of $7.40. The stock has a 50 day moving average of $1.61 and a 200-day moving average of $1.72.

About Tian Ruixiang

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.