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

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a significant decline in short interest in January. As of January 31st, there was short interest totalling 65,400 shares, a decline of 25.4% from the January 15th total of 87,700 shares. Based on an average daily trading volume, of 63,500 shares, the short-interest ratio is presently 1.0 days. Approximately 2.0% of the shares of the company are short sold.

Onfolio Price Performance

Shares of NASDAQ ONFO traded down $0.10 during midday trading on Friday, reaching $1.35. 18,721 shares of the company traded hands, compared to its average volume of 10,697. The firm has a market cap of $6.93 million and a PE ratio of -2.25. The stock’s 50-day simple moving average is $1.35 and its 200-day simple moving average is $1.17. Onfolio has a 12 month low of $0.39 and a 12 month high of $1.88. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.22 and a current ratio of 0.24.

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 2019 and is based in Wilmington, Delaware.