TuanChe Limited (NASDAQ:TC) Short Interest Update

TuanChe Limited (NASDAQ:TC) saw a significant increase in short interest during the month of April. As of April 15th, there was short interest totalling 83,800 shares, an increase of 1,209.4% from the March 31st total of 6,400 shares. Approximately 6.1% of the shares of the stock are short sold. Based on an average daily volume of 92,400 shares, the short-interest ratio is presently 0.9 days.

TuanChe Price Performance

Shares of TC stock traded up $0.03 during trading on Friday, hitting $1.64. The company had a trading volume of 7,324 shares, compared to its average volume of 100,629. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.15. The stock’s 50-day moving average is $1.77 and its two-hundred day moving average is $3.26. TuanChe has a 52 week low of $1.40 and a 52 week high of $15.75.

About TuanChe

TuanChe Limited, through its subsidiaries, operates as an omni-channel automotive marketplace in China and internationally. It organizes auto shows and special promotion events; and provides integrated marketing solutions to industry customers, which include automakers, franchised dealerships, secondary dealers, and automotive service providers, as well as enable interactions between participants on both sides of a potential transaction.