Onfolio Holdings, Inc. (NASDAQ:ONFO) Short Interest Update

Onfolio Holdings, Inc. (NASDAQ:ONFO) saw a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 75,700 shares, a decrease of 19.9% from the October 15th total of 94,500 shares. Based on an average trading volume of 28,300 shares, the days-to-cover ratio is presently 2.7 days. Currently, 2.4% of the shares of the company are sold short.

Onfolio Stock Performance

Onfolio stock opened at $1.12 on Friday. The firm’s 50 day simple moving average is $1.08 and its 200 day simple moving average is $1.00. The firm has a market capitalization of $5.75 million and a PE ratio of -0.78. The company has a current ratio of 0.27, a quick ratio of 0.25 and a debt-to-equity ratio of 0.19. Onfolio has a 1-year low of $0.39 and a 1-year high of $1.80.

Onfolio (NASDAQ:ONFO) last released its quarterly earnings results on Wednesday, August 14th. The company reported ($0.17) EPS for the quarter. The company had revenue of $1.73 million during the quarter. Onfolio had a negative return on equity of 59.94% and a negative net margin of 118.43%.

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 2019 and is based in Wilmington, Delaware.