TuanChe Limited (NASDAQ:TC) Short Interest Update

TuanChe Limited (NASDAQ:TC) was the recipient of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 72,700 shares, a growth of 22.0% from the December 31st total of 59,600 shares. Based on an average daily trading volume, of 812,000 shares, the days-to-cover ratio is currently 0.1 days.

TuanChe Trading Up 4.1 %

Shares of NASDAQ TC traded up $0.04 during mid-day trading on Friday, reaching $1.01. 524,816 shares of the company’s stock were exchanged, compared to its average volume of 1,823,576. The business has a fifty day simple moving average of $1.01 and a 200 day simple moving average of $1.35. TuanChe has a twelve month low of $0.75 and a twelve month high of $4.30.

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.