Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Down 51.5% in February

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the target of a large decrease in short interest in the month of February. As of February 28th, there was short interest totalling 30,400 shares, a decrease of 51.5% from the February 13th total of 62,700 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average trading volume of 60,200 shares, the short-interest ratio is presently 0.5 days.

Onfolio Price Performance

NASDAQ ONFO traded up $0.03 during mid-day trading on Friday, hitting $1.26. The stock had a trading volume of 12,261 shares, compared to its average volume of 16,897. The company has a 50 day simple moving average of $1.28 and a 200 day simple moving average of $1.23. The company has a market cap of $6.46 million and a price-to-earnings ratio of -2.10. Onfolio has a 52-week low of $0.39 and a 52-week 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.

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.