Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Down 13.8% in October

Infobird Co., Ltd (NASDAQ:IFBD) was the recipient of a large decrease in short interest in October. As of October 31st, there was short interest totalling 81,500 shares, a decrease of 13.8% from the October 15th total of 94,600 shares. Currently, 4.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 28,300 shares, the days-to-cover ratio is currently 2.9 days.

Infobird Stock Performance

Infobird stock traded down $0.01 during mid-day trading on Monday, hitting $1.86. 28,180 shares of the company were exchanged, compared to its average volume of 326,570. Infobird has a 12-month low of $1.63 and a 12-month high of $54.64. The business’s 50 day simple moving average is $1.96 and its two-hundred day simple moving average is $2.61.

About Infobird

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.