Onfolio Holdings Inc. (NASDAQ:ONFO) Stock Short Interest Report for October

by · The Markets Daily

Onfolio Holdings Inc. (NASDAQ:ONFO – Get Free Report) saw a significant decrease in short interest in October. As of October 15th, there was short interest totaling 215,457 shares, a decrease of 42.2% from the September 30th total of 372,763 shares. Based on an average daily volume of 117,297 shares, the short-interest ratio is presently 1.8 days. Approximately 8.8% of the company’s shares are sold short.

Wall Street Analyst Weigh In

Several equities analysts have commented on the stock. Weiss Ratings cut shares of Onfolio from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 14th. Wall Street Zen cut Onfolio to a “strong sell” rating in a research note on Saturday, August 15th. One research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Onfolio currently has a consensus rating of “Sell”.

View Our Latest Stock Report on Onfolio

Onfolio Stock Down 5.6%

ONFO stock traded down $0.03 during trading on Friday, hitting $0.47. 81,422 shares of the company’s stock were exchanged, compared to its average volume of 71,898. The business has a 50-day moving average price of $0.87 and a two-hundred day moving average price of $20.99. The company has a current ratio of 0.09, a quick ratio of 0.09 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $1.17 million, a price-to-earnings ratio of -0.01 and a beta of 3.41. Onfolio has a 52-week low of $0.42 and a 52-week high of $123.92.

Onfolio (NASDAQ:ONFO – Get Free Report) last announced its earnings results on Wednesday, August 19th. The company reported ($35.57) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($35.46). The business had revenue of $1.50 million for the quarter, compared to analysts’ expectations of $1.68 million. Onfolio had a negative return on equity of 210.67% and a negative net margin of 101.86%.

Onfolio Company Profile

(Get Free Report)

Onfolio Holdings, Inc is an online-business holding company that acquires, operates and develops digital businesses. The company focuses on established internet-based companies with potential for continued growth, rather than building a single consumer brand or product line.

Its portfolio may include e-commerce businesses, content and affiliate websites, software-as-a-service companies, and other online ventures that generate revenue through digital sales, subscriptions, advertising, lead generation or related services.

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