TCTM Kids IT Education Inc. (NASDAQ:TCTM) Short Interest Up 267.1% in December

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 volume of 40,000 shares, the short-interest ratio is currently 3.8 days. Currently, 1.8% of the shares of the stock are short sold.

TCTM Kids IT Education Stock Performance

Shares of NASDAQ TCTM traded down $0.07 during midday trading on Tuesday, reaching $0.41. 338,716 shares of the company were exchanged, compared to its average volume of 165,029. The stock’s 50-day moving average price is $0.82 and its 200-day moving average price is $0.98. TCTM Kids IT Education has a one year low of $0.39 and a one year high of $2.99.

About TCTM Kids IT Education

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.