Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Up 26.1% in October

Infobird Co., Ltd (NASDAQ:IFBD) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 94,600 shares, an increase of 26.1% from the September 30th total of 75,000 shares. Based on an average daily volume of 31,000 shares, the short-interest ratio is currently 3.1 days. Approximately 4.8% of the company’s shares are sold short.

Infobird Stock Down 0.5 %

NASDAQ:IFBD traded down $0.01 during mid-day trading on Wednesday, reaching $1.94. The company’s stock had a trading volume of 907 shares, compared to its average volume of 344,428. The company’s fifty day simple moving average is $1.91 and its two-hundred day simple moving average is $2.80. Infobird has a twelve month low of $1.63 and a twelve month high of $54.64.

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.