Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Up 27.0% in March

Onfolio Holdings, Inc. (NASDAQ:ONFO) saw a large growth in short interest in the month of March. As of March 15th, there was short interest totalling 38,600 shares, a growth of 27.0% from the February 28th total of 30,400 shares. Based on an average daily trading volume, of 59,800 shares, the short-interest ratio is currently 0.6 days. Currently, 1.2% of the company’s shares are sold short.

Onfolio Trading Up 36.2 %

Onfolio stock traded up $0.25 during mid-day trading on Wednesday, hitting $0.93. 331,967 shares of the company’s stock were exchanged, compared to its average volume of 180,856. The company’s 50 day simple moving average is $1.23 and its 200-day simple moving average is $1.24. The company has a quick ratio of 0.22, a current ratio of 0.24 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $4.75 million and a P/E ratio of -1.54. Onfolio has a fifty-two week low of $0.39 and a fifty-two 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.