Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP – Get Free Report) was the target of a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 56,700 shares, an increase of 34.4% from the September 30th total of 42,200 shares. Based on an average daily volume of 179,300 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.4% of the company’s shares are sold short.

Taoping Price Performance

Shares of TAOP stock traded down $0.01 on Monday, hitting $0.46. The stock had a trading volume of 312,735 shares, compared to its average volume of 455,064. Taoping has a 1 year low of $0.39 and a 1 year high of $2.28. The company’s 50 day moving average price is $0.57 and its 200-day moving average price is $0.70.

About Taoping

(Get Free Report)

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.

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