Taoping Inc. (NASDAQ:TAOP) Short Interest Update

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

Taoping Stock Up 3.3 %

TAOP traded up $0.01 on Wednesday, reaching $0.29. The stock had a trading volume of 810,084 shares, compared to its average volume of 1,963,821. Taoping has a 12-month low of $0.23 and a 12-month high of $1.98. The business’s 50-day moving average price is $0.34 and its two-hundred day moving average price is $0.45.

About Taoping

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.