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

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the target of a large 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 days-to-cover ratio is currently 0.1 days. Approximately 1.3% of the shares of the stock are short sold.

TCTM Kids IT Education Trading Down 14.2 %

Shares of NASDAQ:TCTM opened at $0.18 on Friday. The business’s fifty day moving average price is $0.67 and its two-hundred day moving average price is $0.90. TCTM Kids IT Education has a fifty-two week low of $0.18 and a fifty-two week 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.