Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Down 37.2% in March

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) saw a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 34,600 shares, a decline of 37.2% from the February 28th total of 55,100 shares. Based on an average daily trading volume, of 192,800 shares, the days-to-cover ratio is presently 0.2 days. Currently, 4.8% of the shares of the company are short sold.

Tian Ruixiang Stock Down 2.7 %

TIRX stock traded down $0.03 during midday trading on Monday, reaching $1.24. 10,978 shares of the company’s stock traded hands, compared to its average volume of 318,940. Tian Ruixiang has a 52-week low of $1.21 and a 52-week high of $7.40. The stock’s 50-day moving average is $1.61 and its 200 day moving average is $1.72.

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.