Short Interest in Onfolio Holdings, Inc. (NASDAQ:ONFO) Expands By 162.5%

Onfolio Holdings, Inc. (NASDAQ:ONFO) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 54,600 shares, a growth of 162.5% from the March 31st total of 20,800 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 171,900 shares, the short-interest ratio is presently 0.3 days.

Onfolio Trading Down 5.1 %

Shares of NASDAQ ONFO traded down $0.03 during mid-day trading on Friday, hitting $0.54. The company had a trading volume of 55,365 shares, compared to its average volume of 147,677. Onfolio has a one year low of $0.39 and a one year high of $2.40. The company has a market capitalization of $2.76 million and a PE ratio of -0.33. The firm has a 50-day simple moving average of $0.47 and a two-hundred day simple moving average of $0.55.

Onfolio (NASDAQ:ONFO) last announced its quarterly earnings data on Monday, April 1st. The company reported ($0.18) earnings per share (EPS) for the quarter. The company had revenue of $1.27 million for the quarter. Onfolio had a negative return on equity of 52.90% and a negative net margin of 155.44%.

Onfolio Company Profile

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 2018 and is based in Wilmington, Delaware.