TCTM Kids IT Education Inc. (NASDAQ:TCTM) Sees Significant Decrease in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the target of a large decline in short interest in the month of February. As of February 15th, there was short interest totalling 382,600 shares, a decline of 22.6% from the January 31st total of 494,000 shares. Currently, 4.6% of the company’s shares are short sold. Based on an average trading volume of 13,570,000 shares, the short-interest ratio is presently 0.0 days.

TCTM Kids IT Education Price Performance

Shares of TCTM opened at $0.44 on Tuesday. TCTM Kids IT Education has a 12-month low of $0.18 and a 12-month high of $2.99. The firm has a 50-day moving average price of $0.51 and a 200 day moving average price of $0.82.

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.