Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Up 169.2% in March

Soluna Holdings, Inc. (NASDAQ:SLNHP) saw a large increase in short interest in March. As of March 31st, there was short interest totalling 28,000 shares, an increase of 169.2% from the March 15th total of 10,400 shares. Based on an average daily trading volume, of 7,600 shares, the days-to-cover ratio is currently 3.7 days.

Soluna Trading Up 2.9 %

Shares of SLNHP stock traded up $0.14 during trading hours on Tuesday, hitting $4.79. The company had a trading volume of 1,299 shares, compared to its average volume of 13,664. The firm’s fifty day moving average is $6.13 and its 200 day moving average is $8.31. Soluna has a 12 month low of $1.77 and a 12 month high of $13.50.

Soluna Company Profile

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.