Onfolio Holdings, Inc. (NASDAQ:ONFO) Sees Large Decrease in Short Interest

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a significant drop in short interest in November. As of November 30th, there was short interest totalling 57,900 shares, a drop of 17.2% from the November 15th total of 69,900 shares. Approximately 1.8% of the shares of the stock are short sold. Based on an average daily volume of 33,900 shares, the short-interest ratio is presently 1.7 days.

Onfolio Stock Up 1.1 %

Shares of NASDAQ:ONFO opened at $1.52 on Friday. The company has a market cap of $7.80 million and a price-to-earnings ratio of -2.53. The company has a current ratio of 0.24, a quick ratio of 0.22 and a debt-to-equity ratio of 0.25. The company has a 50-day moving average price of $1.26 and a 200 day moving average price of $1.11. Onfolio has a 12 month low of $0.39 and a 12 month high of $1.88.

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 2019 and is based in Wilmington, Delaware.