Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Update

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the target of a significant increase in short interest in March. As of March 15th, there was short interest totalling 10,400 shares, an increase of 1,980.0% from the February 28th total of 500 shares. Based on an average trading volume of 6,700 shares, the short-interest ratio is presently 1.6 days.

Soluna Stock Performance

Shares of NASDAQ SLNHP opened at $5.82 on Thursday. The stock’s 50-day moving average is $7.31 and its two-hundred day moving average is $8.29. Soluna has a 1-year low of $1.77 and a 1-year high of $13.50.

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.