Short Interest in Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Expands By 503.2%

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) saw a large increase in short interest in July. As of July 15th, there was short interest totalling 149,000 shares, an increase of 503.2% from the June 30th total of 24,700 shares. Approximately 49.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 719,300 shares, the short-interest ratio is presently 0.2 days.

Tian Ruixiang Stock Performance

NASDAQ:TIRX traded down $0.32 during mid-day trading on Friday, reaching $1.86. The stock had a trading volume of 283,299 shares, compared to its average volume of 1,303,398. The firm has a 50 day moving average price of $2.40 and a two-hundred day moving average price of $2.62. Tian Ruixiang has a one year low of $1.70 and a one year 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.