Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Up 21.3% in March

Infobird Co., Ltd (NASDAQ:IFBD) saw a large increase in short interest in March. As of March 15th, there was short interest totalling 20,500 shares, an increase of 21.3% from the February 28th total of 16,900 shares. Currently, 1.0% of the shares of the stock are short sold. Based on an average daily volume of 27,100 shares, the short-interest ratio is presently 0.8 days.

Infobird Stock Performance

Shares of NASDAQ IFBD traded up $0.06 during midday trading on Wednesday, reaching $1.56. 986 shares of the company were exchanged, compared to its average volume of 242,820. The stock’s 50-day moving average price is $1.78 and its 200-day moving average price is $2.01. Infobird has a one year low of $1.38 and a one year high of $6.95.

About Infobird

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.