Short Interest in Infobird Co., Ltd. (NASDAQ:IFBD) Increases By 91,050.0%

Infobird Co., Ltd. (NASDAQ:IFBD) was the target of a large increase in short interest in September. As of September 15th, there was short interest totaling 182,300 shares, an increase of 91,050.0% from the August 31st total of 200 shares. Approximately 2.2% of the shares of the stock are sold short. Based on an average daily volume of 215,600 shares, the days-to-cover ratio is presently 0.8 days. Based on an average daily volume of 215,600 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.2% of the shares of the stock are sold short.

Infobird Trading Up 4.9%

Shares of IFBD stock opened at $1.08 on Thursday. Infobird has a 52 week low of $0.89 and a 52 week high of $3.32. The company’s fifty day simple moving average is $1.06 and its two-hundred day simple moving average is $1.13.

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.