Short Interest in Soluna Holdings, Inc. (NASDAQ:SLNHP) Declines By 67.1%

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 2,600 shares, a decline of 67.1% from the December 15th total of 7,900 shares. Based on an average trading volume of 28,000 shares, the days-to-cover ratio is currently 0.1 days.

Soluna Stock Performance

Shares of SLNHP stock traded down $0.23 on Tuesday, hitting $9.35. The stock had a trading volume of 1,511 shares, compared to its average volume of 3,676. The business has a 50 day moving average price of $10.25 and a 200 day moving average price of $7.81. Soluna has a one year low of $1.77 and a one year high of $13.50.

About Soluna

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.