Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Update

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the target of a significant drop in short interest in the month of January. As of January 15th, there was short interest totalling 87,700 shares, a drop of 16.4% from the December 31st total of 104,900 shares. Approximately 2.7% of the shares of the company are short sold. Based on an average daily trading volume, of 65,800 shares, the short-interest ratio is currently 1.3 days.

Onfolio Trading Up 1.3 %

Onfolio stock traded up $0.02 during trading hours on Friday, hitting $1.29. The stock had a trading volume of 22,762 shares, compared to its average volume of 12,028. The company has a 50-day moving average of $1.37 and a two-hundred day moving average of $1.15. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 0.25. Onfolio has a fifty-two week low of $0.39 and a fifty-two week high of $1.88.

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.