Token Cat Limited – Sponsored ADR (NASDAQ:TC) Sees Large Decrease in Short Interest

Token Cat Limited – Sponsored ADR (NASDAQ:TC) was the recipient of a large decrease in short interest during the month of August. As of August 31st, there was short interest totaling 7,700 shares, a decrease of 35.8% from the August 15th total of 12,000 shares. Based on an average daily volume of 14,200 shares, the short-interest ratio is currently 0.5 days. Currently, 4.9% of the shares of the stock are sold short. Currently, 4.9% of the shares of the stock are sold short. Based on an average daily volume of 14,200 shares, the short-interest ratio is currently 0.5 days.

Token Cat Stock Down 15.6%

Shares of Token Cat stock opened at $15.62 on Monday. Token Cat has a twelve month low of $9.20 and a twelve month high of $86.00. The firm’s 50-day moving average price is $13.72 and its 200 day moving average price is $14.34.

About Token Cat

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.