Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Down 21.6% in January

Infobird Co., Ltd (NASDAQ:IFBD) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totalling 40,600 shares, a drop of 21.6% from the December 31st total of 51,800 shares. Based on an average trading volume of 343,900 shares, the short-interest ratio is presently 0.1 days. Currently, 2.0% of the company’s shares are short sold.

Infobird Stock Performance

IFBD stock traded down $0.26 during midday trading on Thursday, reaching $1.92. The company’s stock had a trading volume of 52,062 shares, compared to its average volume of 35,410. Infobird has a 1 year low of $1.63 and a 1 year high of $54.64. The stock has a fifty day simple moving average of $2.30 and a two-hundred day simple moving average of $2.15.

About Infobird

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.