Infobird Co., Ltd (NASDAQ:IFBD) Sees Significant Decrease in Short Interest

Infobird Co., Ltd (NASDAQ:IFBD) saw a significant decrease in short interest during the month of January. As of January 15th, there was short interest totalling 40,600 shares, a decrease of 21.6% from the December 31st total of 51,800 shares. Currently, 2.0% of the company’s shares are sold short. Based on an average trading volume of 343,900 shares, the days-to-cover ratio is currently 0.1 days.

Infobird Stock Performance

Shares of Infobird stock traded up $0.01 during trading hours on Friday, reaching $1.89. The stock had a trading volume of 15,118 shares, compared to its average volume of 31,090. Infobird has a 1 year low of $1.63 and a 1 year high of $54.64. The firm has a 50 day simple moving average of $2.30 and a two-hundred day simple moving average of $2.14.

About Infobird

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.