Short Interest in Infobird Co., Ltd. (NASDAQ:IFBD) Rises By 366.4%

Infobird Co., Ltd. (NASDAQ:IFBD) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 138,094 shares, an increase of 366.4% from the January 29th total of 29,610 shares. Approximately 3.9% of the shares of the company are sold short. Based on an average trading volume of 310,023 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 310,023 shares, the days-to-cover ratio is currently 0.4 days. Approximately 3.9% of the shares of the company are sold short.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Infobird in a research report on Thursday, January 22nd. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Infobird Price Performance

IFBD opened at $0.97 on Friday. The business’s fifty day moving average is $0.94 and its 200-day moving average is $1.02. Infobird has a 52-week low of $0.66 and a 52-week high of $1.85.

Infobird Company Profile

Infobird Co, Ltd. is a cloud-based communications software and services provider listed on the NASDAQ under the ticker IFBD. Headquartered in Shanghai, China, the company specializes in delivering SaaS solutions for customer engagement and contact center management. Leveraging a cloud-native architecture, Infobird’s platform enables enterprises to streamline their customer service operations by integrating voice, SMS, social media messaging and web chat channels into a unified system.

At the core of Infobird’s offerings is its iBird Cloud platform, which combines omnichannel contact center capabilities with AI-powered features such as chatbots, intelligent self-service and analytics.