Future FinTech Group Inc. (NASDAQ:FTFT) Short Interest Up 11.9% in December

Future FinTech Group Inc. (NASDAQ:FTFT) was the recipient of a large growth in short interest in the month of December. As of December 15th, there was short interest totalling 275,400 shares, a growth of 11.9% from the November 30th total of 246,200 shares. Currently, 1.9% of the company’s shares are sold short. Based on an average trading volume of 367,000 shares, the short-interest ratio is presently 0.8 days.

Future FinTech Group Stock Performance

Shares of FTFT stock traded up $0.02 during trading hours on Monday, reaching $0.31. The company had a trading volume of 708,543 shares, compared to its average volume of 171,499. Future FinTech Group has a 1-year low of $0.26 and a 1-year high of $2.20. The company has a 50 day moving average of $0.36 and a 200 day moving average of $0.38.

About Future FinTech Group

Future FinTech Group Inc, through its subsidiaries, operates online shopping platforms in People’s Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.