Taoping Inc. (NASDAQ:TAOP) Short Interest Down 24.3% in December

Taoping Inc. (NASDAQ:TAOP) was the target of a large decline in short interest in December. As of December 31st, there was short interest totalling 83,700 shares, a decline of 24.3% from the December 15th total of 110,500 shares. Based on an average daily volume of 3,000,000 shares, the short-interest ratio is currently 0.0 days. Currently, 2.1% of the company’s stock are short sold.

Taoping Price Performance

Shares of TAOP stock traded up $0.00 during mid-day trading on Thursday, hitting $0.32. The stock had a trading volume of 1,439,979 shares, compared to its average volume of 3,565,108. Taoping has a 12-month low of $0.29 and a 12-month high of $1.98. The firm’s 50-day moving average is $0.36 and its two-hundred day moving average is $0.51.

About Taoping

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.