Infobird Co., Ltd. (NASDAQ:IFBD) Stock Short Interest Report for September

Infobird Co., Ltd. (NASDAQ:IFBD) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 138,467 shares, a growth of 916.9% from the September 15th total of 13,617 shares. Approximately 3.9% of the company’s shares are short sold. Based on an average daily volume of 2,355,266 shares, the short-interest ratio is currently 0.1 days.

Infobird Stock Performance

Shares of NASDAQ IFBD opened at $0.97 on Friday. The firm has a fifty day simple moving average of $0.98 and a two-hundred day simple moving average of $1.00. Infobird has a 12 month low of $0.66 and a 12 month high of $2.17.

Infobird (NASDAQ:IFBD) last announced its quarterly earnings results on Thursday, September 24th. The company reported ($0.94) earnings per share (EPS) for the quarter. The company had revenue of $0.93 million for the quarter.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings raised shares of Infobird from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat, Infobird presently has a consensus rating of “Sell”.

Infobird Company Profile

Infobird Co, Ltd. is a China-based software company that provides cloud-based customer relationship management (CRM) and customer-service solutions. Its offerings are designed to help businesses manage customer interactions, improve service operations, and use data and artificial intelligence to support customer engagement.

The company’s products and services include cloud contact-center technology, intelligent customer-service tools, CRM software, and related business-process solutions.