Short Interest in Soluna Holdings, Inc. (NASDAQ:SLNHP) Declines By 25.0%

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the recipient of a significant decline in short interest during the month of September. As of September 15th, there was short interest totalling 300 shares, a decline of 25.0% from the August 31st total of 400 shares. Based on an average daily volume of 11,000 shares, the short-interest ratio is currently 0.0 days.

Soluna Stock Performance

Shares of NASDAQ SLNHP traded down $0.02 during mid-day trading on Friday, reaching $5.08. 2,292 shares of the company were exchanged, compared to its average volume of 6,895. The company’s 50-day simple moving average is $5.75 and its 200-day simple moving average is $4.23. Soluna has a twelve month low of $0.75 and a twelve month high of $8.42.

About Soluna

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.