BitFuFu Inc. (NASDAQ:FUFUW) Short Interest Update

BitFuFu Inc. (NASDAQ:FUFUW) was the recipient of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 197 shares, a drop of 85.7% from the February 26th total of 1,374 shares. Based on an average daily trading volume, of 8,607 shares, the days-to-cover ratio is presently 0.0 days.

BitFuFu Stock Performance

Shares of NASDAQ:FUFUW traded up $0.01 during trading on Thursday, reaching $0.14. 12,220 shares of the company traded hands, compared to its average volume of 19,822. BitFuFu has a 52-week low of $0.12 and a 52-week high of $0.49. The business’s fifty day moving average is $0.20 and its 200-day moving average is $0.27.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.