Taoping Inc. (NASDAQ:TAOP) Short Interest Down 54.9% in February

Taoping Inc. (NASDAQ:TAOP) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 98,000 shares, a decline of 54.9% from the January 31st total of 217,300 shares. Based on an average daily trading volume, of 3,630,000 shares, the short-interest ratio is currently 0.0 days.

Taoping Trading Down 8.8 %

Shares of NASDAQ TAOP traded down $0.03 during midday trading on Friday, hitting $0.28. The company’s stock had a trading volume of 341,744 shares, compared to its average volume of 1,567,196. Taoping has a 1-year low of $0.23 and a 1-year high of $1.37. The firm’s fifty day moving average price is $0.33 and its 200-day moving average price is $0.43.

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.