Short Interest in Taoping Inc. (NASDAQ:TAOP) Decreases By 54.9%

Taoping Inc. (NASDAQ:TAOP) was the target of a significant decrease in short interest during the month of February. As of February 15th, there was short interest totalling 98,000 shares, a decrease of 54.9% from the January 31st total of 217,300 shares. Based on an average daily trading volume, of 3,630,000 shares, the short-interest ratio is presently 0.0 days.

Taoping Stock Down 8.8 %

Shares of NASDAQ:TAOP opened at $0.28 on Friday. Taoping has a one year low of $0.23 and a one year high of $1.37. The company has a 50-day simple moving average of $0.33 and a 200-day simple moving average of $0.43.

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.