Funding Circle Holdings plc (OTCMKTS:FDCHF) Sees Significant Increase in Short Interest

Funding Circle Holdings plc (OTCMKTS:FDCHFGet Free Report) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 305 shares, a growth of 103.3% from the April 30th total of 150 shares. Based on an average trading volume of 1 shares, the short-interest ratio is currently 305.0 days.

Funding Circle Stock Performance

Shares of FDCHF stock opened at $2.18 on Wednesday. The business’s 50 day simple moving average is $2.18 and its 200 day simple moving average is $1.96. Funding Circle has a one year low of $1.60 and a one year high of $2.18.

Funding Circle Company Profile

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Funding Circle (OTCMKTS:FDCHF) operates an online lending marketplace that connects small and medium-sized enterprises (SMEs) seeking financing with individual and institutional investors. The company’s platform provides a streamlined digital experience for loan applications, underwriting, and repayments, leveraging data-driven credit assessments to facilitate access to working capital and term financing for businesses.

Founded in 2010 in London by Samir Desai, James Meekings and Andrew Mullinger, Funding Circle has grown into one of the leading peer-to-peer lending platforms globally.

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