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

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

Soluna Stock Down 2.4 %

NASDAQ SLNHP traded down $0.23 on Tuesday, hitting $9.35. 1,511 shares of the stock were exchanged, compared to its average volume of 3,676. The stock has a fifty day moving average price of $10.25 and a two-hundred day moving average price of $7.81. Soluna has a 52-week low of $1.77 and a 52-week high of $13.50.

Soluna Company Profile

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.