Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 127,200 shares, a growth of 210.2% from the October 31st total of 41,000 shares. Currently, 3.2% of the company’s stock are sold short. Based on an average daily volume of 370,800 shares, the days-to-cover ratio is presently 0.3 days.

Taoping Trading Up 4.5 %

Shares of Taoping stock traded up $0.01 during trading on Wednesday, hitting $0.34. The stock had a trading volume of 532,394 shares, compared to its average volume of 479,542. The business has a fifty day moving average of $0.51 and a two-hundred day moving average of $0.60. Taoping has a fifty-two week low of $0.33 and a fifty-two week high of $2.01.

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.