Taoping Inc. (NASDAQ:TAOP) Short Interest Update

Taoping Inc. (NASDAQ:TAOP) was the target of a significant increase in short interest in 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. Currently, 14.6% of the company’s stock are short sold.

Taoping Stock Down 5.8 %

NASDAQ TAOP traded down $0.06 on Friday, hitting $0.98. 158,979 shares of the company were exchanged, compared to its average volume of 233,397. Taoping has a 12 month low of $0.75 and a 12 month high of $10.20. The stock has a fifty day moving average of $1.14 and a 200-day moving average of $1.34.

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.