TuanChe Limited (NASDAQ:TC) Short Interest Update

TuanChe Limited (NASDAQ:TC) was the recipient of a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 35,000 shares, an increase of 50.9% from the August 15th total of 23,200 shares. Based on an average daily trading volume, of 42,100 shares, the short-interest ratio is presently 0.8 days.

TuanChe Trading Up 2.3 %

Shares of TuanChe stock traded up $0.04 on Friday, reaching $1.78. The stock had a trading volume of 77,191 shares, compared to its average volume of 56,089. The company has a 50 day moving average price of $1.73 and a 200 day moving average price of $1.84. The company has a quick ratio of 0.71, a current ratio of 0.44 and a debt-to-equity ratio of 0.15. TuanChe has a 1 year low of $1.40 and a 1 year high of $8.70.

About TuanChe

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.