Short Interest in Dalrada Financial Co. (OTCMKTS:DFCO) Rises By 131.5%

Dalrada Financial Co. (OTCMKTS:DFCO) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totalling 33,100 shares, an increase of 131.5% from the September 30th total of 14,300 shares. Based on an average daily trading volume, of 557,400 shares, the short-interest ratio is currently 0.1 days.

Dalrada Financial Price Performance

OTCMKTS:DFCO traded down $0.00 during mid-day trading on Friday, hitting $0.08. 7,673 shares of the stock traded hands, compared to its average volume of 108,468. The company has a market cap of $7.77 million, a PE ratio of -0.35 and a beta of 1.23. Dalrada Financial has a 12-month low of $0.07 and a 12-month high of $0.37. The company has a quick ratio of 1.24, a current ratio of 1.50 and a debt-to-equity ratio of 0.33. The business’s 50-day moving average price is $0.13 and its 200 day moving average price is $0.16.

Dalrada Financial Company Profile

Dalrada Financial Corporation, together with its subsidiaries, operates as a technology and manufacturing company. It operates through Genefic, Dalrada Energy Services, Dalrada Precision Manufacturing, and Dalrada Technologies divisions. The Genefic division processes molecular diagnostic and antibody tests to support the diagnosis of COVID-19 and the detection of immune response to the virus; markets and sells traditional biologics and human cells, tissues, and cellular and tissue-based products; and provides prescription management, education, nursing, and total health solutions; distributes alcohol-free hand sanitizers, surface cleaners, laundry aides, antimicrobial solutions, electrostatic sprayers, face masks, gloves, and kits, as well as dispensers, stands, and ease of use packaging for the end consumers.