Taoping Inc. (NASDAQ:TAOP) Short Interest Down 54.9% in February

Taoping Inc. (NASDAQ:TAOP) saw a large drop in short interest in February. As of February 15th, there was short interest totalling 98,000 shares, a drop of 54.9% from the January 31st total of 217,300 shares. Based on an average trading volume of 3,630,000 shares, the short-interest ratio is presently 0.0 days.

Taoping Price Performance

TAOP stock traded down $0.03 during mid-day trading on Friday, hitting $0.28. 341,744 shares of the company were exchanged, compared to its average volume of 1,567,196. Taoping has a twelve month low of $0.23 and a twelve month high of $1.37. The firm has a fifty day simple moving average of $0.33 and a 200 day simple moving average of $0.43.

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.