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

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a large decrease in short interest in September. As of September 15th, there was short interest totalling 11,200 shares, a decrease of 69.2% from the August 31st total of 36,400 shares. Based on an average daily volume of 447,000 shares, the short-interest ratio is presently 0.0 days. Currently, 3.6% of the shares of the company are short sold.

Tian Ruixiang Stock Up 3.3 %

TIRX stock traded up $0.06 during midday trading on Wednesday, reaching $1.87. The company had a trading volume of 54,789 shares, compared to its average volume of 366,040. Tian Ruixiang has a 1-year low of $1.53 and a 1-year high of $7.40. The stock has a 50 day moving average price of $1.82 and a 200-day moving average price of $2.29.

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.