Dalrada Financial Co. (OTCMKTS:DFCO) Sees Significant Increase in Short Interest

Dalrada Financial Co. (OTCMKTS:DFCO) was the target of a large increase in short interest in June. As of June 30th, there was short interest totalling 14,600 shares, an increase of 1,522.2% from the June 15th total of 900 shares. Based on an average daily volume of 141,200 shares, the short-interest ratio is currently 0.1 days.

Dalrada Financial Price Performance

Dalrada Financial stock traded up $0.00 during mid-day trading on Thursday, hitting $0.18. The company’s stock had a trading volume of 20,703 shares, compared to its average volume of 101,518. The stock has a market capitalization of $17.55 million, a P/E ratio of -0.79 and a beta of 1.30. The stock’s fifty day moving average price is $0.18 and its two-hundred day moving average price is $0.18. Dalrada Financial has a twelve month low of $0.11 and a twelve month high of $0.46. The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.33.

Dalrada Financial (OTCMKTS:DFCO) last announced its earnings results on Monday, May 13th. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $10.31 million for the quarter. Dalrada Financial had a negative net margin of 66.37% and a negative return on equity of 789.22%.

About Dalrada Financial

Dalrada Financial Corporation, together with its subsidiaries, operates as a technology and manufacturing company. It operates through Genefic, Dalrada Energy Services, Dalrada Precision Manufacturing, and Dalrada Technologies divisions. The Genefic division processes molecular diagnostic and antibody tests to support the diagnosis of COVID-19 and the detection of immune response to the virus; markets and sells traditional biologics and human cells, tissues, and cellular and tissue-based products; and provides prescription management, education, nursing, and total health solutions; distributes alcohol-free hand sanitizers, surface cleaners, laundry aides, antimicrobial solutions, electrostatic sprayers, face masks, gloves, and kits, as well as dispensers, stands, and ease of use packaging for the end consumers.