BitFuFu Inc. (NASDAQ:FUFUW) Short Interest Down 85.7% in March

BitFuFu Inc. (NASDAQ:FUFUW) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 197 shares, a decrease of 85.7% from the February 26th total of 1,374 shares. Based on an average trading volume of 8,607 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 8,607 shares, the days-to-cover ratio is currently 0.0 days.

BitFuFu Trading Up 4.2%

FUFUW traded up $0.01 during midday trading on Tuesday, hitting $0.15. The company had a trading volume of 10,901 shares, compared to its average volume of 20,192. BitFuFu has a twelve month low of $0.14 and a twelve month high of $0.57. The firm’s 50-day simple moving average is $0.21 and its 200-day simple moving average is $0.28.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.