Tian Ruixiang (NASDAQ:TIRX) Stock Price Up 65%

Tian Ruixiang Holdings Ltd (NASDAQ:TIRX)’s share price traded up 65% during trading on Thursday . The stock traded as high as $1.48 and last traded at $0.80. 58,665,928 shares changed hands during mid-day trading, an increase of 5,025% from the average session volume of 1,144,736 shares. The stock had previously closed at $0.48.

Tian Ruixiang Trading Down 6.3 %

The stock’s fifty day moving average is $0.54 and its 200-day moving average is $0.66.

Institutional Trading of Tian Ruixiang

An institutional investor recently raised its position in Tian Ruixiang stock. Renaissance Technologies LLC lifted its stake in shares of Tian Ruixiang Holdings Ltd (NASDAQ:TIRX) by 37.3% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 95,400 shares of the company’s stock after purchasing an additional 25,900 shares during the period. Renaissance Technologies LLC owned about 0.84% of Tian Ruixiang worth $69,000 as of its most recent filing with the Securities & Exchange Commission. 10.66% of the stock is currently owned by hedge funds and other institutional investors.

Tian Ruixiang Company Profile

Tian Ruixiang Holdings Ltd, together its subsidiaries, operates as an insurance broker in China and the United States. It distributes a range of insurance products, including property and casualty insurance, such as automobile, commercial property, liability, and accidental insurance; and life insurance comprising individual and group life insurances, as well as health and miscellaneous insurance.