Short Interest in Funding Circle Holdings plc (OTCMKTS:FDCHF) Expands By 103.3%

Funding Circle Holdings plc (OTCMKTS:FDCHF) was the recipient of a large increase in short interest in May. As of May 15th, there was short interest totaling 305 shares, an increase of 103.3% from the April 30th total of 150 shares. Based on an average daily trading volume, of 1 shares, the days-to-cover ratio is presently 305.0 days.

Funding Circle Stock Performance

Funding Circle stock remained flat at $2.18 during mid-day trading on Monday. The firm has a 50 day simple moving average of $2.18 and a two-hundred day simple moving average of $1.96. Funding Circle has a fifty-two week low of $1.60 and a fifty-two week high of $2.18.

Funding Circle Company Profile

Funding Circle (OTCMKTS:FDCHF) operates an online lending marketplace that connects small and medium-sized enterprises (SMEs) seeking financing with individual and institutional investors. The company’s platform provides a streamlined digital experience for loan applications, underwriting, and repayments, leveraging data-driven credit assessments to facilitate access to working capital and term financing for businesses.

Founded in 2010 in London by Samir Desai, James Meekings and Andrew Mullinger, Funding Circle has grown into one of the leading peer-to-peer lending platforms globally.