Short Interest in Mercurity Fintech Holding Inc. (NASDAQ:MFH) Drops By 14.8%

Mercurity Fintech Holding Inc. (NASDAQ:MFH) saw a large decrease in short interest in the month of October. As of October 15th, there was short interest totalling 96,900 shares, a decrease of 14.8% from the September 30th total of 113,700 shares. Based on an average daily volume of 15,800 shares, the days-to-cover ratio is presently 6.1 days.

Mercurity Fintech Stock Down 0.6 %

MFH traded down $0.01 on Wednesday, reaching $1.24. The company had a trading volume of 33,955 shares, compared to its average volume of 19,269. Mercurity Fintech has a fifty-two week low of $0.77 and a fifty-two week high of $3.50. The company’s fifty day moving average is $1.48 and its 200 day moving average is $1.57.

About Mercurity Fintech

Mercurity Fintech Holding Inc operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.