Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) saw a large growth in short interest in June. As of June 15th, there was short interest totalling 102,500 shares, a growth of 43.0% from the May 31st total of 71,700 shares. Based on an average daily trading volume, of 714,800 shares, the days-to-cover ratio is currently 0.1 days. Approximately 2.6% of the company’s shares are sold short.

Taoping Trading Down 2.9 %

Shares of TAOP opened at $0.70 on Monday. Taoping has a 1-year low of $0.68 and a 1-year high of $10.20. The company has a 50-day moving average of $0.82 and a 200 day moving average of $1.06.

Taoping Company Profile

Taoping Inc provides cloud-based platform, resource sharing, and big data solutions to the Chinese new media, education residential community management, and elevator Internet of Things (IoT) industries in the People's Republic of China. It operates through Cloud-Based Technology and Traditional Information Technology segments.