Infobird Co., Ltd (NASDAQ:IFBD) Sees Significant Drop in Short Interest

Infobird Co., Ltd (NASDAQ:IFBD) saw a large drop in short interest in the month of December. As of December 31st, there was short interest totalling 40,600 shares, a drop of 21.6% from the December 15th total of 51,800 shares. Approximately 2.0% of the shares of the company are short sold. Based on an average daily trading volume, of 343,900 shares, the short-interest ratio is currently 0.1 days.

Infobird Stock Down 1.4 %

IFBD traded down $0.03 on Thursday, hitting $2.08. The company’s stock had a trading volume of 11,598 shares, compared to its average volume of 16,708. The company’s 50 day simple moving average is $2.28 and its 200-day simple moving average is $2.21. Infobird has a 12 month low of $1.63 and a 12 month high of $54.64.

About Infobird

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.