Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Update

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 65,400 shares, a decline of 25.4% from the January 15th total of 87,700 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is currently 1.0 days. Approximately 2.0% of the company’s shares are short sold.

Onfolio Trading Down 6.9 %

ONFO stock traded down $0.10 during trading on Friday, hitting $1.35. The company had a trading volume of 18,721 shares, compared to its average volume of 10,697. The firm has a 50-day moving average price of $1.35 and a 200-day moving average price of $1.17. The stock has a market cap of $6.93 million and a price-to-earnings ratio of -2.25. Onfolio has a 12 month low of $0.39 and a 12 month high of $1.88. The company has a quick ratio of 0.22, a current ratio of 0.24 and a debt-to-equity ratio of 0.25.

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.