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Taoping Inc. (NASDAQ:TAOP – Get Free Report) was the target of a significant growth in short interest in the month of February. As of February 28th, there was short interest totalling 124,300 shares, a growth of 26.8% from the February 13th total of 98,000 shares. Based on an average daily volume of 3,630,000 shares, the days-to-cover ratio is currently 0.0 days. Approximately 1.3% of the company’s stock are short sold.
Taoping Stock Performance
NASDAQ:TAOP opened at $0.29 on Wednesday. The firm has a fifty day simple moving average of $0.30 and a two-hundred day simple moving average of $0.40. Taoping has a 12 month low of $0.23 and a 12 month high of $1.19.
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.
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