Short Interest in Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Declines By 46.1%

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a significant decrease in short interest in January. As of January 31st, there was short interest totalling 105,200 shares, a decrease of 46.1% from the January 15th total of 195,200 shares. Currently, 6.8% of the shares of the company are short sold. Based on an average daily volume of 177,000 shares, the days-to-cover ratio is currently 0.6 days.

Tian Ruixiang Stock Performance

Shares of NASDAQ TIRX traded down $0.06 during trading on Thursday, reaching $1.73. 6,130 shares of the company traded hands, compared to its average volume of 155,442. The firm has a 50 day simple moving average of $1.70 and a 200-day simple moving average of $1.77. Tian Ruixiang has a 52-week low of $1.38 and a 52-week high of $7.40.

Tian Ruixiang Company Profile

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.