Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) was the recipient of a significant increase in short interest in January. As of January 31st, there was short interest totalling 217,300 shares, an increase of 1,409.0% from the January 15th total of 14,400 shares. Based on an average daily volume of 3,740,000 shares, the short-interest ratio is presently 0.1 days.

Taoping Trading Up 3.3 %

NASDAQ:TAOP opened at $0.29 on Thursday. The business’s 50-day moving average is $0.34 and its 200 day moving average is $0.45. Taoping has a 12 month low of $0.23 and a 12 month high of $1.98.

Taoping Company Profile

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.