Future FinTech Group Inc. (NASDAQ:FTFT) Short Interest Update

Future FinTech Group Inc. (NASDAQ:FTFTGet Free Report) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 1,270,000 shares, an increase of 329.8% from the February 28th total of 295,500 shares. Based on an average daily trading volume, of 3,970,000 shares, the days-to-cover ratio is currently 0.3 days. Approximately 8.6% of the shares of the stock are short sold.

Future FinTech Group Stock Down 9.4 %

NASDAQ:FTFT opened at $0.17 on Friday. The business’s 50-day moving average price is $0.23 and its 200 day moving average price is $0.30. Future FinTech Group has a 52-week low of $0.17 and a 52-week high of $1.02.

About Future FinTech Group

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Future FinTech Group Inc, through its subsidiaries, operates online shopping platforms in People’s Republic of China. It operates in three segments: Supply Chain Financing Service and Trading Business, Asset Management Service, and Others. The company offers cross-border money transfer service, brokerage and investment banking, and cryptocurrency mining farm business.

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