Short Interest in TuanChe Limited (NASDAQ:TC) Increases By 18.6%

TuanChe Limited (NASDAQ:TC) was the recipient of a significant growth in short interest in February. As of February 28th, there was short interest totalling 30,000 shares, a growth of 18.6% from the February 13th total of 25,300 shares. Based on an average daily volume of 713,700 shares, the short-interest ratio is currently 0.0 days. Approximately 1.0% of the company’s stock are sold short.

TuanChe Trading Up 0.3 %

Shares of NASDAQ:TC opened at $0.80 on Wednesday. TuanChe has a 1 year low of $0.72 and a 1 year high of $4.30. The firm has a fifty day moving average price of $0.90 and a 200 day moving average price of $1.15.

TuanChe Company Profile

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China and internationally. It organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction.