Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Down 23.2% in February

Infobird Co., Ltd (NASDAQ:IFBD) saw a significant drop in short interest in February. As of February 28th, there was short interest totalling 16,900 shares, a drop of 23.2% from the February 13th total of 22,000 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 38,400 shares, the days-to-cover ratio is currently 0.4 days.

Infobird Stock Up 3.0 %

Shares of IFBD stock traded up $0.05 during trading hours on Tuesday, reaching $1.69. The company had a trading volume of 8,357 shares, compared to its average volume of 251,500. The business has a fifty day simple moving average of $1.89 and a 200-day simple moving average of $2.03. Infobird has a 12 month low of $1.38 and a 12 month high of $6.95.

Infobird Company Profile

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.