Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Down 25.8% in February

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant 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. Based on an average daily volume of 173,800 shares, the days-to-cover ratio is currently 0.3 days. Approximately 7.7% of the shares of the company are short sold.

Tian Ruixiang Trading Down 7.2 %

TIRX stock opened at $1.41 on Tuesday. Tian Ruixiang has a 1 year low of $1.38 and a 1 year high of $7.40. The stock’s fifty day moving average is $1.66 and its two-hundred day moving average is $1.74.

Tian Ruixiang Company Profile

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.