TCTM Kids IT Education Inc. (NASDAQ:TCTM) Short Interest Down 46.3% in February

TCTM Kids IT Education Inc. (NASDAQ:TCTM) was the recipient of a significant decline in short interest in the month of February. As of February 28th, there was short interest totalling 205,300 shares, a decline of 46.3% from the February 13th total of 382,600 shares. Based on an average daily volume of 13,700,000 shares, the days-to-cover ratio is presently 0.0 days. Approximately 2.4% of the shares of the company are sold short.

TCTM Kids IT Education Price Performance

Shares of TCTM opened at $0.35 on Friday. The company’s 50-day moving average is $0.46 and its 200-day moving average is $0.79. TCTM Kids IT Education has a fifty-two week low of $0.18 and a fifty-two week 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.