Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) Short Interest Up 45.3% in December

Tian Ruixiang Holdings Ltd. (NASDAQ:TIRX) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 39,681 shares, an increase of 45.3% from the November 30th total of 27,310 shares. Based on an average daily volume of 158,555 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.3% of the company’s stock are sold short. Approximately 0.3% of the company’s stock are sold short. Based on an average daily volume of 158,555 shares, the days-to-cover ratio is currently 0.3 days.

Tian Ruixiang Trading Down 2.2%

Shares of TIRX opened at $0.42 on Monday. Tian Ruixiang has a 1 year low of $0.40 and a 1 year high of $10.75. The stock has a 50-day simple moving average of $0.77 and a 200-day simple moving average of $2.90.

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. It serves individual or institutional customers. The company was founded in 2010 and is headquartered in Beijing, China.