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

Onfolio Holdings, Inc. (NASDAQ:ONFO) saw a large decrease in short interest in July. As of July 15th, there was short interest totalling 57,200 shares, a decrease of 38.0% from the June 30th total of 92,200 shares. Based on an average daily trading volume, of 584,800 shares, the days-to-cover ratio is currently 0.1 days. Currently, 1.7% of the company’s shares are sold short.

Onfolio Stock Down 0.9 %

ONFO stock traded down $0.01 during midday trading on Friday, hitting $0.85. 4,810 shares of the company’s stock were exchanged, compared to its average volume of 279,453. The business has a 50-day simple moving average of $1.10 and a two-hundred day simple moving average of $0.72. The company has a debt-to-equity ratio of 0.13, a current ratio of 0.34 and a quick ratio of 0.31. 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 Monday, May 20th. The company reported ($0.14) EPS for the quarter. The firm had revenue of $1.59 million for the quarter. Onfolio had a negative return on equity of 55.27% and a negative net margin of 136.82%.

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 2018 and is based in Wilmington, Delaware.