Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Down 19.9% in October

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 75,700 shares, a decline of 19.9% from the October 15th total of 94,500 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average daily trading volume, of 28,300 shares, the short-interest ratio is presently 2.7 days.

Onfolio Trading Up 16.1 %

ONFO stock traded up $0.18 on Friday, reaching $1.30. The company’s stock had a trading volume of 67,014 shares, compared to its average volume of 189,294. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.25 and a current ratio of 0.27. The business has a fifty day simple moving average of $1.09 and a two-hundred day simple moving average of $1.01. The firm has a market cap of $6.67 million and a PE ratio of -2.17. Onfolio has a 12-month low of $0.39 and a 12-month high of $1.80.

Onfolio (NASDAQ:ONFO) last announced its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) earnings per share (EPS) for the quarter. Onfolio had a negative net margin of 118.43% and a negative return on equity of 59.94%. The company had revenue of $1.73 million for the quarter.

Onfolio Company Profile

Onfolio Holdings, Inc acquires and develops internet businesses. It provides website management, digital, advertising, and content placement services on its websites; and product sales on various sites. The company was founded in 2019 and is based in Wilmington, Delaware.