Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Up 74.8% in December

Onfolio Holdings, Inc. (NASDAQ:ONFO) saw a large growth in short interest in December. As of December 31st, there was short interest totalling 104,900 shares, a growth of 74.8% from the December 15th total of 60,000 shares. Approximately 3.2% of the company’s shares are sold short. Based on an average daily trading volume, of 65,000 shares, the days-to-cover ratio is currently 1.6 days.

Onfolio Trading Up 1.6 %

Onfolio stock traded up $0.02 during trading hours on Friday, hitting $1.29. The company had a trading volume of 10,133 shares, compared to its average volume of 16,994. The firm has a market cap of $6.62 million and a P/E ratio of -2.15. The company has a 50-day moving average price of $1.36 and a two-hundred day moving average price of $1.14. Onfolio has a 1 year low of $0.39 and a 1 year 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.

About Onfolio

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.