Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Down 9.6% in August

Infobird Co., Ltd (NASDAQ:IFBD) was the target of a significant drop in short interest in August. As of August 15th, there was short interest totalling 61,900 shares, a drop of 9.6% from the July 31st total of 68,500 shares. Based on an average daily volume of 119,500 shares, the short-interest ratio is currently 0.5 days. Approximately 3.1% of the company’s stock are sold short.

Infobird Price Performance

Shares of NASDAQ IFBD traded down $0.01 on Monday, reaching $1.75. 11,200 shares of the company’s stock traded hands, compared to its average volume of 422,568. Infobird has a 12 month low of $1.73 and a 12 month high of $99.20. The business’s 50 day simple moving average is $2.51 and its two-hundred day simple moving average is $4.37.

Infobird Company Profile

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.