Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Down 66.7% in August

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totalling 400 shares, a decline of 66.7% from the August 15th total of 1,200 shares. Based on an average daily volume of 12,100 shares, the short-interest ratio is currently 0.0 days.

Soluna Trading Up 4.8 %

Soluna stock traded up $0.26 on Thursday, hitting $5.63. The company’s stock had a trading volume of 2,041 shares, compared to its average volume of 7,149. The company has a fifty day moving average price of $6.04 and a 200-day moving average price of $4.06. Soluna has a one year low of $0.75 and a one year high of $8.42.

Soluna Company Profile

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.