TNL Mediagene (NASDAQ:TNMG) Stock Short Interest Report for September

TNL Mediagene (NASDAQ:TNMG) saw a significant growth in short interest in September. As of September 30th, there was short interest totaling 25,296 shares, a growth of 257.6% from the September 15th total of 7,073 shares. Based on an average daily volume of 3,737,190 shares, the short-interest ratio is currently 0.0 days. Currently, 5.6% of the company’s stock are sold short.

Analyst Ratings Changes

A number of brokerages have recently weighed in on TNMG. Weiss Ratings restated a “sell (e+)” rating on shares of TNL Mediagene in a research note on Tuesday, September 29th. Wall Street Zen raised TNL Mediagene to a “sell” rating in a research report on Saturday, September 12th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $112.00.

TNL Mediagene Trading Down 8.3%

TNMG stock traded down $0.34 during midday trading on Friday, reaching $3.76. 22,708 shares of the company’s stock traded hands, compared to its average volume of 2,747,484. TNL Mediagene has a 52 week low of $2.45 and a 52 week high of $92.88. The company has a 50-day moving average price of $3.78 and a two-hundred day moving average price of $5.83.

TNL Mediagene Company Profile

TNL Mediagene is a digital media and technology company focused on creating, publishing and distributing online content for audiences in Asia. The company operates through a portfolio of media brands and provides editorial content across topics such as business, technology, culture, lifestyle and current affairs.

Its activities include digital publishing, content production, advertising and marketing solutions, and other services that help brands reach targeted audiences through online media.