Short Interest in Soluna Holdings, Inc. (NASDAQ:SLNHP) Drops By 33.3%

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the recipient of a significant decline in short interest in September. As of September 30th, there was short interest totalling 200 shares, a decline of 33.3% from the September 15th total of 300 shares. Based on an average trading volume of 6,800 shares, the short-interest ratio is currently 0.0 days.

Soluna Trading Up 12.5 %

SLNHP traded up $0.64 during trading on Friday, reaching $5.74. The company’s stock had a trading volume of 2,704 shares, compared to its average volume of 6,699. Soluna has a 1 year low of $0.75 and a 1 year high of $8.42. The firm has a fifty day simple moving average of $5.42 and a two-hundred day simple moving average of $4.38.

About Soluna

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.