Funding Circle Holdings plc (OTCMKTS:FDCHF) Sees Significant Growth in Short Interest

Funding Circle Holdings plc (OTCMKTS:FDCHF) was the target of a large growth in short interest in October. As of October 31st, there was short interest totalling 1,700 shares, a growth of 466.7% from the October 15th total of 300 shares. Based on an average daily volume of 200 shares, the days-to-cover ratio is currently 8.5 days.

Funding Circle Stock Performance

OTCMKTS FDCHF remained flat at $1.87 during trading on Tuesday. 1,001 shares of the company’s stock traded hands, compared to its average volume of 1,000. The stock has a 50 day simple moving average of $1.62 and a two-hundred day simple moving average of $1.15. Funding Circle has a 1-year low of $1.53 and a 1-year high of $1.87.

Funding Circle Company Profile

Funding Circle Holdings plc, together with its subsidiaries, provides online lending platforms in the United Kingdom, the United States, and internationally. The company offers small business loans, recovery loan schemes, and business finance solutions to small enterprises. It also provides flexipay and flexipay card solutions.