Onfolio Holdings, Inc. (NASDAQ:ONFOW) Sees Large Drop in Short Interest

Onfolio Holdings, Inc. (NASDAQ:ONFOW) was the target of a significant decline in short interest in the month of September. As of September 15th, there was short interest totaling 178 shares, a decline of 36.0% from the August 31st total of 278 shares. Based on an average trading volume of 117,555 shares, the days-to-cover ratio is presently 0.0 days.

Onfolio Price Performance

NASDAQ:ONFOW traded up $0.00 during trading hours on Friday, hitting $0.01. 2,185 shares of the company traded hands, compared to its average volume of 97,518. Onfolio has a twelve month low of $0.00 and a twelve month high of $0.45. The firm has a 50-day moving average of $0.01 and a 200 day moving average of $0.04.

Onfolio Company Profile

Onfolio Holdings Inc is a holding company focused on acquiring, operating and growing online businesses. Through its portfolio of digital assets, the company seeks to build value by applying expertise in business operations, marketing, technology and strategic growth.

Its activities have included e-commerce businesses, content-driven websites and other internet-based companies that generate revenue through online sales, advertising, subscriptions or related digital services. Onfolio generally targets established online businesses and provides management and operational support after acquisition.

The company was founded by Dominic Wells and has operated as a publicly traded digital-business holding company since completing its public listing in 2022.