Funding Circle Holdings plc (OTCMKTS:FDCHF) Shares Shorted: Short Interest Down 94.6% in September

by · The Markets Daily

Funding Circle Holdings plc (OTCMKTS:FDCHF – Get Free Report) was the target of a significant drop in short interest in the month of September. As of September 15th, there was short interest totaling 2,644 shares, a drop of 94.6% from the August 31st total of 48,565 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Funding Circle Stock Performance

Shares of FDCHF stock remained flat at $2.95 on Thursday. Funding Circle has a 1-year low of $2.91 and a 1-year high of $3.20. The company’s 50-day moving average price is $2.94 and its two-hundred day moving average price is $2.45.

About Funding Circle

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Funding Circle (OTCMKTS:FDCHF) operates an online lending marketplace that connects small and medium-sized enterprises (SMEs) seeking financing with individual and institutional investors. The company’s platform provides a streamlined digital experience for loan applications, underwriting, and repayments, leveraging data-driven credit assessments to facilitate access to working capital and term financing for businesses.

Founded in 2010 in London by Samir Desai, James Meekings and Andrew Mullinger, Funding Circle has grown into one of the leading peer-to-peer lending platforms globally.

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