TCTM Kids IT Education Inc. (NASDAQ:TCTM) Sees Large Decline in Short Interest

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the target of a large decrease in short interest in April. As of April 15th, there was short interest totalling 34,800 shares, a decrease of 27.3% from the March 31st total of 47,900 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average trading volume of 263,000 shares, the days-to-cover ratio is currently 0.1 days.

TCTM Kids IT Education Stock Performance

Shares of NASDAQ:TCTM traded down $0.15 during mid-day trading on Friday, hitting $2.11. The stock had a trading volume of 39,064 shares, compared to its average volume of 33,461. The firm’s 50 day simple moving average is $2.10. TCTM Kids IT Education has a 12-month low of $0.75 and a 12-month high of $6.20.

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.