Infobird Co., Ltd. (NASDAQ:IFBD) Sees Significant Increase in Short Interest

Infobird Co., Ltd. (NASDAQ:IFBD) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 138,094 shares, a growth of 366.4% from the January 29th total of 29,610 shares. Based on an average trading volume of 310,023 shares, the short-interest ratio is currently 0.4 days. Currently, 3.9% of the shares of the company are short sold. Currently, 3.9% of the shares of the company are short sold. Based on an average trading volume of 310,023 shares, the short-interest ratio is currently 0.4 days.

Infobird Price Performance

NASDAQ IFBD opened at $0.98 on Thursday. Infobird has a 52-week low of $0.66 and a 52-week high of $2.02. The business’s 50-day moving average price is $0.94 and its 200 day moving average price is $1.02.

Analyst Ratings Changes

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Infobird in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

About Infobird

Infobird Co, Ltd. is a cloud-based communications software and services provider listed on the NASDAQ under the ticker IFBD. Headquartered in Shanghai, China, the company specializes in delivering SaaS solutions for customer engagement and contact center management. Leveraging a cloud-native architecture, Infobird’s platform enables enterprises to streamline their customer service operations by integrating voice, SMS, social media messaging and web chat channels into a unified system.

At the core of Infobird’s offerings is its iBird Cloud platform, which combines omnichannel contact center capabilities with AI-powered features such as chatbots, intelligent self-service and analytics.