Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Down 51.5% in February

Onfolio Holdings, Inc. (NASDAQ:ONFO) saw a significant decrease in short interest in the month of February. As of February 28th, there was short interest totalling 30,400 shares, a decrease of 51.5% from the February 13th total of 62,700 shares. Currently, 0.9% of the shares of the company are short sold. Based on an average trading volume of 60,200 shares, the days-to-cover ratio is currently 0.5 days.

Onfolio Stock Performance

ONFO remained flat at $1.23 on Friday. The company had a trading volume of 11,789 shares, compared to its average volume of 16,888. The firm has a 50 day simple moving average of $1.28 and a 200 day simple moving average of $1.23. Onfolio has a 52 week low of $0.39 and a 52 week high of $1.88. The company has a market capitalization of $6.31 million and a price-to-earnings ratio of -2.05. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 0.25.

About Onfolio

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.