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

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a large decrease in short interest in the month of July. As of July 15th, there was short interest totalling 57,200 shares, a decrease of 38.0% from the June 30th total of 92,200 shares. Based on an average daily trading volume, of 584,800 shares, the days-to-cover ratio is presently 0.1 days. Currently, 1.7% of the shares of the company are short sold.

Onfolio Price Performance

ONFO stock traded down $0.01 during trading on Friday, reaching $0.85. The stock had a trading volume of 4,810 shares, compared to its average volume of 279,453. The company has a quick ratio of 0.31, a current ratio of 0.34 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average is $1.10 and its two-hundred day moving average is $0.72. Onfolio has a 52 week low of $0.39 and a 52 week high of $1.80.

Onfolio (NASDAQ:ONFO) last posted its quarterly earnings data on Monday, May 20th. The company reported ($0.14) earnings per share (EPS) for the quarter. Onfolio had a negative return on equity of 55.27% and a negative net margin of 136.82%. The business had revenue of $1.59 million during the quarter.

Onfolio Company Profile

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 2018 and is based in Wilmington, Delaware.