Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Update

Soluna Holdings, Inc. (NASDAQ:SLNHP) saw a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 8,200 shares, an increase of 412.5% from the October 31st total of 1,600 shares. Based on an average daily volume of 26,600 shares, the days-to-cover ratio is currently 0.3 days.

Soluna Price Performance

Shares of NASDAQ SLNHP traded up $1.63 during mid-day trading on Friday, reaching $12.74. The company had a trading volume of 73,044 shares, compared to its average volume of 12,889. The stock has a fifty day moving average of $9.17 and a two-hundred day moving average of $6.44. Soluna has a 12-month low of $1.77 and a 12-month high of $13.50.

Soluna Company Profile

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.