Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) saw a large increase in short interest in January. As of January 31st, there was short interest totalling 217,300 shares, an increase of 1,409.0% from the January 15th total of 14,400 shares. Based on an average daily trading volume, of 3,740,000 shares, the days-to-cover ratio is currently 0.1 days.

Taoping Price Performance

Taoping stock traded up $0.01 during mid-day trading on Wednesday, reaching $0.29. 810,084 shares of the company’s stock were exchanged, compared to its average volume of 1,963,821. Taoping has a twelve month low of $0.23 and a twelve month high of $1.98. The company has a fifty day moving average of $0.34 and a 200-day moving average of $0.45.

Taoping Company Profile

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.