Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Update

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the target of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 55,100 shares, a drop of 25.8% from the February 13th total of 74,300 shares. Approximately 7.7% of the company’s shares are short sold. Based on an average trading volume of 173,800 shares, the short-interest ratio is currently 0.3 days.

Tian Ruixiang Stock Down 2.9 %

Shares of TIRX opened at $1.53 on Monday. The firm’s 50-day moving average price is $1.66 and its 200-day moving average price is $1.75. Tian Ruixiang has a 1-year low of $1.38 and a 1-year 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.