Short Interest in Onfolio Holdings, Inc. (NASDAQ:ONFOW) Drops By 40.3%

Onfolio Holdings, Inc. (NASDAQ:ONFOW) was the target of a large drop in short interest in May. As of May 15th, there was short interest totaling 26,897 shares, a drop of 40.3% from the April 30th total of 45,041 shares. Based on an average trading volume of 22,173 shares, the days-to-cover ratio is currently 1.2 days.

Onfolio Stock Up 9.3%

Shares of NASDAQ ONFOW opened at $0.06 on Tuesday. The stock’s fifty day simple moving average is $0.08 and its two-hundred day simple moving average is $0.09. Onfolio has a 12-month low of $0.04 and a 12-month high of $0.45.

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 2018 and is based in Wilmington, Delaware.