BitFuFu Inc. (NASDAQ:FUFUW) Short Interest Up 43.0% in December

BitFuFu Inc. (NASDAQ:FUFUW) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totaling 15,986 shares, a growth of 43.0% from the December 15th total of 11,176 shares. Based on an average daily volume of 22,402 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 22,402 shares, the days-to-cover ratio is currently 0.7 days.

BitFuFu Trading Down 12.9%

NASDAQ FUFUW opened at $0.27 on Monday. The business’s fifty day moving average is $0.25 and its 200-day moving average is $0.33. BitFuFu has a one year low of $0.18 and a one year high of $0.60.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.