Onfolio Holdings, Inc. (NASDAQ:ONFO) Sees Significant Growth in Short Interest

Onfolio Holdings, Inc. (NASDAQ:ONFO) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 38,600 shares, a growth of 27.0% from the February 28th total of 30,400 shares. Based on an average trading volume of 59,800 shares, the short-interest ratio is currently 0.6 days. Approximately 1.2% of the company’s stock are sold short.

Onfolio Stock Down 1.1 %

Shares of NASDAQ ONFO traded down $0.01 during midday trading on Tuesday, hitting $0.94. 3,511 shares of the company’s stock were exchanged, compared to its average volume of 179,445. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.24 and a quick ratio of 0.22. Onfolio has a twelve month low of $0.39 and a twelve month high of $1.88. The firm’s fifty day simple moving average is $1.24 and its 200-day simple moving average is $1.24. The company has a market cap of $4.82 million and a PE ratio of -1.57.

About Onfolio

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.