Infobird Co., Ltd. (NASDAQ:IFBD) Short Interest Update

Infobird Co., Ltd. (NASDAQ:IFBD) was the recipient of a large growth in short interest in May. As of May 29th, there was short interest totaling 173,403 shares, a growth of 137.4% from the May 14th total of 73,045 shares. Approximately 4.9% of the company’s stock are short sold. Based on an average trading volume of 213,601 shares, the short-interest ratio is currently 0.8 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Infobird in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Infobird Price Performance

Shares of IFBD opened at $0.99 on Friday. The business’s 50 day moving average is $0.97 and its two-hundred day moving average is $0.96. Infobird has a 52-week low of $0.66 and a 52-week high of $2.18. The company has a quick ratio of 1.98, a current ratio of 1.98 and a debt-to-equity ratio of 0.01.

Infobird (NASDAQ:IFBD) last announced its earnings results on Thursday, April 2nd. The company reported ($3.36) earnings per share (EPS) for the quarter. The business had revenue of $2.63 million during the quarter.

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.