Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Up 74.8% in December

Onfolio Holdings, Inc. (NASDAQ:ONFOGet Free Report) was the target of a large growth in short interest in December. As of December 31st, there was short interest totalling 104,900 shares, a growth of 74.8% from the December 15th total of 60,000 shares. Currently, 3.2% of the shares of the stock are short sold. Based on an average trading volume of 65,000 shares, the short-interest ratio is currently 1.6 days.

Onfolio Price Performance

Shares of NASDAQ ONFO traded up $0.02 during trading hours on Wednesday, hitting $1.24. 17,396 shares of the stock were exchanged, compared to its average volume of 18,327. The company has a market cap of $6.36 million and a PE ratio of -2.07. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.22 and a current ratio of 0.24. The company’s fifty day simple moving average is $1.36 and its two-hundred day simple moving average is $1.13. Onfolio has a 1-year low of $0.39 and a 1-year high of $1.88.

About Onfolio

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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.

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