Tantech Holdings Ltd (NASDAQ:TANH) Short Interest Update

Tantech Holdings Ltd (NASDAQ:TANH) was the recipient of a significant growth in short interest during the month of April. As of April 15th, there was short interest totalling 11,800 shares, a growth of 24.2% from the March 31st total of 9,500 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 521,800 shares, the days-to-cover ratio is currently 0.0 days.

Tantech Price Performance

Shares of NASDAQ TANH remained flat at $0.57 during mid-day trading on Tuesday. 150,084 shares of the stock were exchanged, compared to its average volume of 478,130. The business has a fifty day moving average of $0.68 and a 200-day moving average of $1.26. Tantech has a 52-week low of $0.53 and a 52-week high of $7.97.

About Tantech

Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging.