Short Interest in TCTM Kids IT Education Inc. (NASDAQ:TCTM) Rises By 267.1%

TCTM Kids IT Education Inc. (NASDAQ:TCTM) saw a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 150,500 shares, a growth of 267.1% from the December 15th total of 41,000 shares. Based on an average daily trading volume, of 40,000 shares, the short-interest ratio is currently 3.8 days. Approximately 1.8% of the shares of the stock are short sold.

TCTM Kids IT Education Stock Down 35.2 %

Shares of TCTM stock opened at $0.48 on Tuesday. The business has a 50-day moving average price of $0.82 and a two-hundred day moving average price of $0.98. TCTM Kids IT Education has a 12-month low of $0.45 and a 12-month high of $2.99.

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.