Short Interest in Onfolio Holdings, Inc. (NASDAQ:ONFO) Expands By 27.0%

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the target of a significant growth in short interest in the month of March. As of March 15th, there was short interest totalling 38,600 shares, a growth of 27.0% from the February 28th total of 30,400 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily trading volume, of 59,800 shares, the short-interest ratio is presently 0.6 days.

Onfolio Price Performance

Shares of ONFO opened at $0.93 on Thursday. The firm has a market capitalization of $4.75 million and a PE ratio of -1.54. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.24 and a quick ratio of 0.22. The company’s fifty day moving average price is $1.23 and its 200-day moving average price is $1.24. Onfolio has a 1-year low of $0.39 and a 1-year high of $1.88.

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.