BitFuFu Inc. (NASDAQ:FUFUW) Sees Large Increase in Short Interest

BitFuFu Inc. (NASDAQ:FUFUW) saw a large increase in short interest in the month of December. As of December 15th, there was short interest totalling 2,600 shares, an increase of 550.0% from the November 30th total of 400 shares. Based on an average daily trading volume, of 27,200 shares, the short-interest ratio is currently 0.1 days.

BitFuFu Stock Performance

Shares of NASDAQ FUFUW remained flat at $0.55 during trading hours on Friday. The company had a trading volume of 9,397 shares, compared to its average volume of 26,573. BitFuFu has a 12-month low of $0.15 and a 12-month high of $0.80. The company has a 50-day moving average price of $0.46 and a two-hundred day moving average price of $0.41.

BitFuFu Company Profile

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.