Tantech Holdings Ltd (NASDAQ:TANH) Short Interest Update

Tantech Holdings Ltd (NASDAQ:TANH) was the recipient of a significant increase in short interest in April. As of April 15th, there was short interest totalling 11,800 shares, an increase of 24.2% from the March 31st total of 9,500 shares. Based on an average trading volume of 521,800 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.8% of the company’s stock are short sold.

Tantech Price Performance

Shares of TANH remained flat at $0.56 during mid-day trading on Friday. 102,120 shares of the stock traded hands, compared to its average volume of 448,217. Tantech has a 12-month low of $0.53 and a 12-month high of $7.97. The firm’s fifty day simple moving average is $0.69 and its 200 day simple moving average is $1.27.

Tantech Company Profile

Tantech Holdings Ltd, together with its subsidiaries, develops and manufactures bamboo-based charcoal products for industrial energy, household cooking, heating, purification, agricultural, and cleaning applications in the People's Republic of China and internationally. The company operates in three segments: Consumer Products, Electric Vehicles, and Biodegradable Packaging.