Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Down 29.4% in February

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant decline in short interest during the month of February. As of February 15th, there was short interest totalling 74,300 shares, a decline of 29.4% from the January 31st total of 105,200 shares. Based on an average daily trading volume, of 174,800 shares, the days-to-cover ratio is presently 0.4 days. Approximately 10.4% of the shares of the company are short sold.

Tian Ruixiang Stock Performance

TIRX traded up $0.04 on Wednesday, reaching $1.54. 3,443 shares of the stock were exchanged, compared to its average volume of 312,267. The company’s 50-day moving average price is $1.70 and its 200 day moving average price is $1.76. Tian Ruixiang has a fifty-two week low of $1.38 and a fifty-two week high of $7.40.

About Tian Ruixiang

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.