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

Dalrada Financial Co. (OTCMKTS:DFCO) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 2,100 shares, a decline of 89.9% from the December 15th total of 20,800 shares. Based on an average daily trading volume, of 132,900 shares, the days-to-cover ratio is presently 0.0 days.

Dalrada Financial Price Performance

Shares of OTCMKTS:DFCO traded down $0.00 during midday trading on Tuesday, reaching $0.08. 507,434 shares of the company were exchanged, compared to its average volume of 191,954. The company has a current ratio of 1.50, a quick ratio of 1.24 and a debt-to-equity ratio of 0.33. The stock has a market cap of $9.37 million, a PE ratio of -0.34 and a beta of 1.25. The business’s fifty day moving average is $0.06 and its two-hundred day moving average is $0.12. Dalrada Financial has a one year low of $0.04 and a one year high of $0.24.

Dalrada Financial (OTCMKTS:DFCO) last issued its earnings results on Monday, January 13th. The company reported ($0.11) earnings per share (EPS) for the quarter. Dalrada Financial had a negative return on equity of 789.22% and a negative net margin of 66.37%.

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.