Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) Sees Significant Drop in Short Interest

Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 2,100 shares, a decrease of 90.7% from the August 15th total of 22,500 shares. Based on an average daily volume of 24,500 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 24,500 shares, the days-to-cover ratio is currently 0.1 days.

Tian Ruixiang Stock Performance

Shares of NASDAQ TIRX opened at $3.09 on Friday. Tian Ruixiang has a 12 month low of $2.08 and a 12 month high of $13.25. The firm has a fifty day simple moving average of $4.41 and a two-hundred day simple moving average of $6.04.

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.