TNL Mediagene (NASDAQ:TNMG) Stock Short Interest Report for September

TNL Mediagene (NASDAQ:TNMG) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 25,296 shares, an increase of 257.6% from the September 15th total of 7,073 shares. Approximately 5.6% of the shares of the company are sold short. Based on an average daily volume of 3,737,190 shares, the days-to-cover ratio is presently 0.0 days.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of TNL Mediagene in a report on Tuesday, September 29th. Wall Street Zen raised TNL Mediagene to a “sell” rating in a research report on Saturday, September 12th. One analyst has rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $112.00.

TNL Mediagene Trading Down 8.3%

Shares of TNMG stock traded down $0.34 on Friday, hitting $3.76. The company had a trading volume of 22,708 shares, compared to its average volume of 2,747,484. TNL Mediagene has a twelve month low of $2.45 and a twelve month high of $92.88. The stock’s 50-day moving average is $3.78 and its two-hundred day moving average is $5.83.

About TNL Mediagene

TNL Mediagene is a digital media and technology company focused on creating, publishing and distributing online content for audiences in Asia. The company operates through a portfolio of media brands and provides editorial content across topics such as business, technology, culture, lifestyle and current affairs.

Its activities include digital publishing, content production, advertising and marketing solutions, and other services that help brands reach targeted audiences through online media.