Future FinTech Group Inc. (NASDAQ:FTFT) Short Interest Update

Future FinTech Group Inc. (NASDAQ:FTFT) was the recipient of a significant decrease in short interest in March. As of March 31st, there was short interest totalling 84,700 shares, a decrease of 93.3% from the March 15th total of 1,270,000 shares. Based on an average daily volume of 404,100 shares, the short-interest ratio is presently 0.2 days. Currently, 2.8% of the shares of the stock are short sold.

Future FinTech Group Stock Up 7.6 %

Shares of FTFT traded up $0.10 during trading hours on Monday, reaching $1.42. 82,046 shares of the stock traded hands, compared to its average volume of 378,691. The company’s 50-day moving average price is $2.01 and its two-hundred day moving average price is $2.89. Future FinTech Group has a 52-week low of $1.15 and a 52-week high of $9.30.

About Future FinTech Group

Future FinTech Group Inc, through its subsidiaries, operates online shopping platforms in People’s Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.