Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Update

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the recipient of a large growth in short interest in the month of November. As of November 15th, there was short interest totalling 8,200 shares, a growth of 412.5% from the October 31st total of 1,600 shares. Based on an average trading volume of 26,600 shares, the short-interest ratio is currently 0.3 days.

Soluna Stock Performance

SLNHP stock traded down $0.04 during midday trading on Wednesday, hitting $11.25. The company’s stock had a trading volume of 3,049 shares, compared to its average volume of 12,601. Soluna has a 12 month low of $1.77 and a 12 month high of $13.50. The firm’s 50-day moving average is $8.78 and its 200-day moving average is $6.30.

Soluna Company Profile

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.