Soluna Holdings, Inc. (NASDAQ:SLNHP) Short Interest Up 1,980.0% in March

Soluna Holdings, Inc. (NASDAQ:SLNHP) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 10,400 shares, an increase of 1,980.0% from the February 28th total of 500 shares. Based on an average daily trading volume, of 6,700 shares, the days-to-cover ratio is presently 1.6 days.

Soluna Trading Down 0.2 %

Soluna stock opened at $6.08 on Friday. Soluna has a 12-month low of $1.77 and a 12-month high of $13.50. The firm’s fifty day moving average is $7.24 and its 200 day moving average is $8.28.

About Soluna

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.