Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) Short Interest Up 33.3% in November

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) was the target of a significant growth in short interest during the month of November. As of November 30th, there was short interest totalling 25,600 shares, a growth of 33.3% from the November 15th total of 19,200 shares. Based on an average daily trading volume, of 47,500 shares, the short-interest ratio is currently 0.5 days. Approximately 8.3% of the company’s shares are sold short.

Tian Ruixiang Stock Performance

Shares of TIRX stock traded up $0.07 during mid-day trading on Friday, hitting $1.58. The company’s stock had a trading volume of 16,514 shares, compared to its average volume of 291,893. Tian Ruixiang has a 52 week low of $1.42 and a 52 week high of $7.40. The company’s fifty day simple moving average is $1.79 and its 200-day simple moving average is $1.95.

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.