TuanChe Limited (NASDAQ:TC) Short Interest Update
by Danessa Lincoln · The Markets DailyTuanChe Limited (NASDAQ:TC – Get Free Report) was the target of a large decrease in short interest during the month of September. As of September 30th, there was short interest totalling 19,500 shares, a decrease of 30.1% from the September 15th total of 27,900 shares. Based on an average trading volume of 72,900 shares, the days-to-cover ratio is presently 0.3 days.
TuanChe Trading Up 1.2 %
TC stock traded up $0.02 during trading on Friday, hitting $1.67. 11,959 shares of the company traded hands, compared to its average volume of 61,344. TuanChe has a 1 year low of $1.40 and a 1 year high of $8.70. The company has a 50-day moving average of $1.76 and a 200-day moving average of $1.85.
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.
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