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

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the recipient of a large growth in short interest in March. As of March 15th, there was short interest totalling 10,400 shares, a growth of 1,980.0% from the February 28th total of 500 shares. Based on an average trading volume of 6,700 shares, the days-to-cover ratio is presently 1.6 days.

Soluna Price Performance

Shares of SLNHP traded down $0.19 during mid-day trading on Wednesday, hitting $5.82. 1,925 shares of the company’s stock were exchanged, compared to its average volume of 13,214. Soluna has a fifty-two week low of $1.77 and a fifty-two week high of $13.50. The business’s 50 day moving average is $7.39 and its two-hundred day moving average is $8.31.

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.