BitFuFu Inc. (NASDAQ:FUFUW) Short Interest Update

BitFuFu Inc. (NASDAQ:FUFUW) was the target of a large growth in short interest in December. As of December 31st, there was short interest totaling 15,986 shares, a growth of 43.0% from the December 15th total of 11,176 shares. Based on an average daily volume of 22,402 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 22,402 shares, the short-interest ratio is presently 0.7 days.

BitFuFu Price Performance

Shares of BitFuFu stock traded down $0.04 during mid-day trading on Friday, hitting $0.27. 3,527 shares of the stock were exchanged, compared to its average volume of 10,448. BitFuFu has a 12 month low of $0.18 and a 12 month high of $0.60. The company has a 50-day simple moving average of $0.25 and a 200 day simple moving average of $0.33.

About BitFuFu

BitFuFu Inc provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.