Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Down 25.9% in April

Soluna Holdings, Inc. (NASDAQ:SLNHPGet Rating) was the target of a large decrease in short interest in the month of April. As of April 30th, there was short interest totalling 6,300 shares, a decrease of 25.9% from the April 15th total of 8,500 shares. Based on an average daily trading volume, of 17,800 shares, the short-interest ratio is currently 0.4 days.

Shares of Soluna stock traded up $0.18 during mid-day trading on Tuesday, hitting $16.43. The stock had a trading volume of 5,544 shares, compared to its average volume of 20,125. Soluna has a 12-month low of $16.00 and a 12-month high of $25.48.

The company also recently declared a monthly dividend, which will be paid on Tuesday, May 31st. Stockholders of record on Thursday, May 19th will be paid a $0.1875 dividend. The ex-dividend date of this dividend is Wednesday, May 18th. This represents a $2.25 annualized dividend and a dividend yield of 13.69%.

Soluna Company Profile (Get Rating)

Soluna Holdings, Inc builds and develops modular data centers for cryptocurrency mining. It also designs, manufactures, and sells vibration measurement and system balancing solutions, precision linear displacement sensors, instruments and system solutions, and wafer inspection tools, as well as operates in the blockchain business.

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