Onfolio Holdings, Inc. (NASDAQ:ONFO) Sees Large Drop in Short Interest

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

Onfolio Stock Down 3.1 %

Shares of Onfolio stock traded down $0.05 on Friday, reaching $1.41. 7,279 shares of the company were exchanged, compared to its average volume of 13,343. Onfolio has a one year low of $0.39 and a one year high of $1.88. The company has a market capitalization of $7.21 million and a price-to-earnings ratio of -2.34. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average of $1.35 and a 200 day moving average of $1.17.

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.