Funding Circle Holdings plc (OTCMKTS:FDCHF) Short Interest Down 68.2% in March

Funding Circle Holdings plc (OTCMKTS:FDCHF) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 42,172 shares, a drop of 68.2% from the February 26th total of 132,612 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Funding Circle Price Performance

Shares of Funding Circle stock remained flat at $2.18 on Wednesday. Funding Circle has a 12-month low of $1.60 and a 12-month high of $2.18. The stock’s 50 day moving average price is $2.11 and its two-hundred day moving average price is $1.75.

Funding Circle Company Profile

Funding Circle (OTCMKTS:FDCHF) operates an online lending marketplace that connects small and medium-sized enterprises (SMEs) seeking financing with individual and institutional investors. The company’s platform provides a streamlined digital experience for loan applications, underwriting, and repayments, leveraging data-driven credit assessments to facilitate access to working capital and term financing for businesses.

Founded in 2010 in London by Samir Desai, James Meekings and Andrew Mullinger, Funding Circle has grown into one of the leading peer-to-peer lending platforms globally.