Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Up 74.8% in December

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the target of a large increase in short interest during the month of December. As of December 31st, there was short interest totalling 104,900 shares, an increase of 74.8% from the December 15th total of 60,000 shares. Currently, 3.2% of the shares of the company are sold short. Based on an average daily trading volume, of 65,000 shares, the short-interest ratio is currently 1.6 days.

Onfolio Stock Performance

ONFO traded up $0.02 on Wednesday, reaching $1.24. The company had a trading volume of 17,396 shares, compared to its average volume of 18,327. Onfolio has a fifty-two week low of $0.39 and a fifty-two week high of $1.88. The stock has a market cap of $6.36 million and a P/E ratio of -2.07. The company’s fifty day moving average is $1.36 and its 200 day moving average is $1.13. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.22 and a current ratio of 0.24.

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.