BitFuFu Inc. (NASDAQ:FUFUW) Short Interest Down 85.7% in March

BitFuFu Inc. (NASDAQ:FUFUW) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 197 shares, a drop of 85.7% from the February 26th total of 1,374 shares. Based on an average trading volume of 8,607 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 8,607 shares, the short-interest ratio is presently 0.0 days.

BitFuFu Stock Performance

NASDAQ:FUFUW traded up $0.01 on Tuesday, hitting $0.15. 10,901 shares of the stock were exchanged, compared to its average volume of 20,192. BitFuFu has a 52 week low of $0.14 and a 52 week high of $0.57. The company’s 50-day moving average price is $0.21 and its 200 day moving average price is $0.28.

BitFuFu Company Profile

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.