Dalrada Financial Co. (OTCMKTS:DFCO) Sees Significant Increase in Short Interest

Dalrada Financial Co. (OTCMKTS:DFCO) saw a large increase in short interest in the month of April. As of April 15th, there was short interest totalling 25,400 shares, an increase of 1,004.3% from the March 31st total of 2,300 shares. Based on an average daily trading volume, of 361,100 shares, the short-interest ratio is currently 0.1 days.

Dalrada Financial Price Performance

OTCMKTS DFCO opened at $0.19 on Friday. Dalrada Financial has a 1 year low of $0.06 and a 1 year high of $0.46. The company has a current ratio of 0.81, a quick ratio of 0.63 and a debt-to-equity ratio of 7.50. The company’s 50 day simple moving average is $0.18 and its two-hundred day simple moving average is $0.22.

Dalrada Financial (OTCMKTS:DFCO) last posted its earnings results on Wednesday, February 14th. The company reported ($0.06) earnings per share (EPS) for the quarter. The business had revenue of $6.08 million for the quarter.

About Dalrada Financial

Dalrada Financial Corporation, together with its subsidiaries, operates as a technology and manufacturing company. It operates through Genefic, Dalrada Energy Services, Dalrada Precision Manufacturing, and Dalrada Technologies divisions. The Genefic division processes molecular diagnostic and antibody tests to support the diagnosis of COVID-19 and the detection of immune response to the virus; markets and sells traditional biologics and human cells, tissues, and cellular and tissue-based products; and provides prescription management, education, nursing, and total health solutions; distributes alcohol-free hand sanitizers, surface cleaners, laundry aides, antimicrobial solutions, electrostatic sprayers, face masks, gloves, and kits, as well as dispensers, stands, and ease of use packaging for the end consumers.