Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Down 17.2% in November

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the target of a large decline in short interest in November. As of November 30th, there was short interest totalling 57,900 shares, a decline of 17.2% from the November 15th total of 69,900 shares. Currently, 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 33,900 shares, the days-to-cover ratio is presently 1.7 days.

Onfolio Trading Up 1.1 %

NASDAQ:ONFO opened at $1.52 on Monday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.22 and a current ratio of 0.24. The company has a market capitalization of $7.79 million and a P/E ratio of -2.53. The stock’s 50 day moving average price is $1.26 and its 200 day moving average price is $1.11. Onfolio has a 52 week low of $0.39 and a 52 week high of $1.88.

Onfolio Company Profile

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.