Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Update

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant decline in short interest during the month of February. As of February 28th, there was short interest totalling 55,100 shares, a decline of 25.8% from the February 13th total of 74,300 shares. Based on an average daily volume of 173,800 shares, the days-to-cover ratio is presently 0.3 days. Currently, 7.7% of the company’s stock are short sold.

Tian Ruixiang Price Performance

TIRX stock traded down $0.05 during trading on Friday, hitting $1.53. 1,772 shares of the company’s stock were exchanged, compared to its average volume of 314,637. The business has a 50-day moving average price of $1.66 and a two-hundred day moving average price of $1.75. Tian Ruixiang has a 52-week low of $1.38 and a 52-week 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.