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

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totalling 54,600 shares, a growth of 162.5% from the March 31st total of 20,800 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily volume of 171,900 shares, the short-interest ratio is currently 0.3 days.

Onfolio Stock Down 5.1 %

ONFO stock traded down $0.03 during midday trading on Friday, hitting $0.54. 55,365 shares of the company traded hands, compared to its average volume of 147,677. Onfolio has a twelve month low of $0.39 and a twelve month high of $2.40. The stock has a market capitalization of $2.76 million and a price-to-earnings ratio of -0.33. The business has a 50 day simple moving average of $0.47 and a 200-day simple moving average of $0.55.

Onfolio (NASDAQ:ONFO) last released its earnings results on Monday, April 1st. The company reported ($0.18) earnings per share for the quarter. The firm had revenue of $1.27 million for the quarter. Onfolio had a negative return on equity of 52.90% and a negative net margin of 155.44%.

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 2018 and is based in Wilmington, Delaware.