Short Interest in TCTM Kids IT Education Inc. (NASDAQ:TCTM) Declines By 26.2%

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 111,000 shares, a drop of 26.2% from the December 31st total of 150,500 shares. Based on an average daily trading volume, of 1,330,000 shares, the short-interest ratio is currently 0.1 days. Approximately 1.3% of the shares of the company are short sold.

TCTM Kids IT Education Price Performance

TCTM stock opened at $0.18 on Friday. TCTM Kids IT Education has a twelve month low of $0.18 and a twelve month high of $2.99. The business’s 50-day simple moving average is $0.67 and its 200 day simple moving average is $0.90.

TCTM Kids IT Education Company Profile

TCTM Kids IT Education Inc, through its subsidiaries, engages in the provision of IT-focused education services in Mainland China. It offers supplementary science, technology, engineering, and mathematics (STEM) education programs to young children aged between three and eighteen through online teaching models and instructors from online or offline learning centers.