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

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the target of a large increase in short interest during 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 short-interest ratio is presently 0.3 days.

Soluna Price Performance

Shares of NASDAQ:SLNHP traded up $1.63 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 50-day moving average price of $9.17 and a 200 day moving average price of $6.44. Soluna has a twelve month low of $1.77 and a twelve 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.