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

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the target of a large decrease in short interest during the month of December. As of December 31st, there was short interest totalling 2,600 shares, a decrease of 67.1% from the December 15th total of 7,900 shares. Based on an average trading volume of 28,000 shares, the short-interest ratio is currently 0.1 days.

Soluna Price Performance

Shares of NASDAQ SLNHP traded down $0.19 during midday trading on Tuesday, reaching $9.39. 1,715 shares of the stock were exchanged, compared to its average volume of 3,702. The firm has a 50-day simple moving average of $10.25 and a two-hundred day simple moving average of $7.81. 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.