November 17, 2016 - By Linda Rogers · 0 Comments
The stock of Tantech Holdings Limited (NASDAQ:TANH) registered an increase of 25.49% in short interest. TANH’s total short interest was 12,800 shares in November as published by FINRA. Its up 25.49% from 10,200 shares, reported previously. With 97,200 shares average volume, it will take short sellers 0 days to cover their TANH’s short positions. The short interest to Tantech Holdings Limited’s float is 0.15%. The stock closed at $2.29 during the last session. It is down 54.56% since April 15, 2016 and is downtrending. It has underperformed by 59.19% the S&P500.
Tantech Holdings Ltd. is a holding company. The company has a market cap of $57.28 million. The Company, through its subsidiaries, is a developer and maker of bamboo charcoal products for industrial energy applications and household cooking, heating, purification, agricultural and cleaning uses. It has a 5.75 P/E ratio. The Firm has three divisions: consumer product, trading and biofuel energy.
Tantech Holdings Ltd. (Tantech BVI), incorporated on November 9, 2010, is a holding company. The Company, through its subsidiaries, is a developer and maker of bamboo charcoal products for industrial energy applications and household cooking, heating, purification, agricultural and cleaning uses. The Firm has three divisions: consumer product, trading and biofuel energy. The Consumer products segment makes and sells Charcoal Doctor branded products and barbecue (BBQ) charcoal in China. The Company’s products include purification and deodorization products and cleaning products. The Trading segment conducts rubber and other trading businesses. The Company’s subsidiary, Tantech Charcoal, is engaged in the trading business. The biofuel energy segment produces and sells BBQ charcoal to clients in Asia, Europe and North America. It produces and sells bamboo fuel for Electric Double-Layer Capacitor (EDLC).
More notable recent Tantech Holdings Ltd (NASDAQ:TANH) news were published by: Prnewswire.com which released: “Tantech Holdings Ltd. Signs Definite Agreement to Acquire Suzhou E Motors” on May 02, 2016, also Prnewswire.com with their article: “Tantech Holdings Ltd. Enters into Framework Agreement to Acquire Electric …” published on January 27, 2016, Prnewswire.com published: “Tantech Holdings Ltd. Acquires 5% Minority Interest in Its PRC Operating …” on June 24, 2016. More interesting news about Tantech Holdings Ltd (NASDAQ:TANH) were released by: Prnewswire.com and their article: “Tantech Holdings Ltd. Announces Pricing of Initial Public Offering” published on March 24, 2015 as well as Quotes.Wsj.com‘s news article titled: “News Tantech Holdings Ltd.TANH” with publication date: March 24, 2015.
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By Linda Rogers