Short Interest in WonderFi Technologies Inc. (OTCMKTS:WONDF) Decreases By 30.3%

WonderFi Technologies Inc. (OTCMKTS:WONDF) was the target of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 1,690,500 shares, a drop of 30.3% from the May 15th total of 2,424,700 shares. Based on an average trading volume of 974,100 shares, the short-interest ratio is currently 1.7 days.

Analyst Upgrades and Downgrades

Separately, HC Wainwright downgraded shares of WonderFi Technologies to a “neutral” rating in a research note on Wednesday, May 14th.

WonderFi Technologies Stock Performance

Shares of OTCMKTS:WONDF opened at $0.25 on Tuesday. WonderFi Technologies has a 1 year low of $0.09 and a 1 year high of $0.29. The stock’s 50-day moving average is $0.20 and its 200 day moving average is $0.19.

WonderFi Technologies Company Profile

WonderFi Technologies Inc engages in the development and acquisition of technology platforms to facilitate investments in the emerging industry of digital assets. It operates through three segments: Trading, Payments, and Corporate. The company owns and operates crypto asset trading platforms comprising Bitbuy, Coinsquare, CoinSmart, Bitvo, and Coinberry.