Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Up 88.3% in October

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the recipient of a large increase in short interest during the month of October. As of October 31st, there was short interest totalling 33,700 shares, an increase of 88.3% from the October 15th total of 17,900 shares. Based on an average trading volume of 50,700 shares, the short-interest ratio is currently 0.7 days. Currently, 10.9% of the shares of the stock are sold short.

Tian Ruixiang Price Performance

Shares of Tian Ruixiang stock traded down $0.09 during mid-day trading on Wednesday, hitting $1.71. 16,089 shares of the stock were exchanged, compared to its average volume of 55,757. Tian Ruixiang has a twelve month low of $1.53 and a twelve month high of $7.40. The company has a 50-day simple moving average of $1.88 and a 200 day simple moving average of $2.13.

About Tian Ruixiang

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.