BitFuFu Inc. (NASDAQ:FUFUW) Sees Significant Increase in Short Interest

BitFuFu Inc. (NASDAQ:FUFUW) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totalling 1,600 shares, an increase of 6.7% from the September 15th total of 1,500 shares. Based on an average daily volume of 13,100 shares, the days-to-cover ratio is presently 0.1 days.

BitFuFu Stock Up 33.3 %

Shares of FUFUW traded up $0.08 during mid-day trading on Wednesday, reaching $0.31. 4,640 shares of the stock traded hands, compared to its average volume of 24,541. The firm has a fifty day moving average price of $0.39 and a 200 day moving average price of $0.34. BitFuFu has a 1 year low of $0.15 and a 1 year high of $0.80.

BitFuFu Company Profile

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.