TuanChe Limited (NASDAQ:TC) Short Interest Update

TuanChe Limited (NASDAQ:TC) was the target of a large decline in short interest during the month of February. As of February 15th, there was short interest totalling 25,300 shares, a decline of 82.7% from the January 31st total of 146,000 shares. Based on an average daily volume of 745,000 shares, the short-interest ratio is presently 0.0 days.

TuanChe Stock Down 4.9 %

Shares of TC stock traded down $0.05 during trading on Thursday, reaching $0.95. The company had a trading volume of 150,258 shares, compared to its average volume of 1,098,677. The firm’s 50 day simple moving average is $0.98 and its two-hundred day simple moving average is $1.25. TuanChe has a one year low of $0.75 and a one year high of $4.30.

TuanChe Company Profile

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China and internationally. It organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction.