Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 102,500 shares, a growth of 43.0% from the May 31st total of 71,700 shares. Based on an average daily volume of 714,800 shares, the short-interest ratio is presently 0.1 days. Approximately 2.6% of the company’s shares are short sold.

Taoping Stock Down 2.9 %

NASDAQ:TAOP opened at $0.70 on Monday. Taoping has a fifty-two week low of $0.68 and a fifty-two week high of $10.20. The firm’s 50 day moving average is $0.82 and its two-hundred day moving average is $1.06.

About Taoping

Taoping Inc provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. It operates through Cloud-Based Technology and Traditional Information Technology segments.