TCTM Kids IT Education Inc. (NASDAQ:TCTM) Sees Significant Decline in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the recipient of a large drop in short interest in March. As of March 15th, there was short interest totalling 138,500 shares, a drop of 32.5% from the February 28th total of 205,300 shares. Based on an average trading volume of 13,740,000 shares, the days-to-cover ratio is presently 0.0 days. Currently, 1.7% of the company’s stock are short sold.

TCTM Kids IT Education Price Performance

Shares of TCTM opened at $0.40 on Friday. TCTM Kids IT Education has a 1-year low of $0.18 and a 1-year high of $2.80. The firm has a fifty day moving average price of $0.41 and a 200 day moving average price of $0.74.

TCTM Kids IT Education Company Profile

TCTM Kids IT Education Inc, through its subsidiaries, engages in the provision of IT-focused education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers.