Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Down 37.2% in March

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the target of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 34,600 shares, a decrease of 37.2% from the February 28th total of 55,100 shares. Based on an average daily trading volume, of 192,800 shares, the short-interest ratio is currently 0.2 days. Currently, 4.8% of the shares of the company are sold short.

Tian Ruixiang Price Performance

Tian Ruixiang stock opened at $1.27 on Friday. The company’s 50-day moving average price is $1.61 and its two-hundred day moving average price is $1.72. Tian Ruixiang has a twelve month low of $1.27 and a twelve month 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.