Short Interest in Soluna Holdings, Inc. (NASDAQ:SLNHP) Decreases By 67.1%

Soluna Holdings, Inc. (NASDAQ:SLNHPGet Free Report) was the recipient of a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 2,600 shares, a decrease of 67.1% from the December 31st total of 7,900 shares. Based on an average daily trading volume, of 28,000 shares, the days-to-cover ratio is currently 0.1 days.

Soluna Stock Performance

Shares of NASDAQ SLNHP traded down $0.55 during mid-day trading on Tuesday, hitting $9.10. 28,966 shares of the stock were exchanged, compared to its average volume of 5,911. The stock’s fifty day simple moving average is $9.84 and its two-hundred day simple moving average is $8.07. Soluna has a twelve month low of $1.77 and a twelve month high of $13.50.

Soluna Company Profile

(Get Free Report)

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.

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