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

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) saw a large decline in short interest in the month of June. As of June 15th, there was short interest totalling 96,400 shares, a decline of 19.4% from the May 31st total of 119,600 shares. Approximately 4.3% of the company’s shares are sold short. Based on an average daily volume of 555,100 shares, the short-interest ratio is presently 0.2 days.

Tian Ruixiang Stock Performance

Shares of TIRX stock opened at $2.20 on Monday. The stock has a fifty day simple moving average of $2.65 and a two-hundred day simple moving average of $2.78. Tian Ruixiang has a 52-week low of $2.00 and a 52-week high of $10.70.

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.