Short Interest in Infobird Co., Ltd (NASDAQ:IFBD) Drops By 5.0%

Infobird Co., Ltd (NASDAQ:IFBDGet Free Report) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 56,700 shares, a decline of 5.0% from the August 31st total of 59,700 shares. Based on an average daily volume of 89,700 shares, the days-to-cover ratio is currently 0.6 days. Currently, 2.9% of the company’s shares are short sold.

Infobird Price Performance

Infobird stock traded up $0.29 during trading hours on Monday, reaching $2.25. The stock had a trading volume of 184,279 shares, compared to its average volume of 379,924. The company has a fifty day simple moving average of $2.00 and a 200-day simple moving average of $3.20. Infobird has a 52 week low of $1.63 and a 52 week high of $54.64.

About Infobird

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Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.

Further Reading

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