Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Update

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a significant decrease in short interest in January. As of January 15th, there was short interest totalling 87,700 shares, a decrease of 16.4% from the December 31st total of 104,900 shares. Based on an average daily volume of 65,800 shares, the short-interest ratio is currently 1.3 days. Approximately 2.7% of the shares of the company are sold short.

Onfolio Trading Down 4.7 %

NASDAQ ONFO traded down $0.06 during mid-day trading on Monday, reaching $1.23. 14,489 shares of the stock were exchanged, compared to its average volume of 13,347. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.22 and a current ratio of 0.24. The stock has a market capitalization of $6.31 million and a PE ratio of -2.05. Onfolio has a 1-year low of $0.39 and a 1-year high of $1.88. The business’s fifty day simple moving average is $1.37 and its 200 day simple moving average is $1.15.

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.