Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) was the recipient of a large increase in short interest during the month of April. As of April 15th, there was short interest totalling 147,500 shares, an increase of 141.0% from the March 31st total of 61,200 shares. Based on an average trading volume of 474,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 14.6% of the company’s stock are sold short.

Taoping Trading Down 5.8 %

NASDAQ:TAOP traded down $0.06 during trading hours on Friday, reaching $0.98. 158,979 shares of the stock were exchanged, compared to its average volume of 233,397. Taoping has a twelve month low of $0.75 and a twelve month high of $10.20. The firm has a 50 day moving average of $1.14 and a 200 day moving average of $1.35.

About Taoping

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.