Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Up 33.5% in July

Infobird Co., Ltd (NASDAQ:IFBD) was the recipient of a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 68,500 shares, an increase of 33.5% from the July 15th total of 51,300 shares. Approximately 3.5% of the shares of the company are short sold. Based on an average daily trading volume, of 130,100 shares, the days-to-cover ratio is currently 0.5 days.

Infobird Price Performance

Shares of NASDAQ IFBD traded up $0.22 during mid-day trading on Thursday, hitting $1.95. The company had a trading volume of 20,592 shares, compared to its average volume of 451,075. Infobird has a 1 year low of $1.73 and a 1 year high of $99.20. The stock’s 50-day moving average price is $2.81 and its 200-day moving average price is $4.79.

Infobird Company Profile

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.