Infobird Co., Ltd (NASDAQ:IFBD) Short Interest Down 23.2% in February

Infobird Co., Ltd (NASDAQ:IFBD) saw a significant drop in short interest in the month of February. As of February 28th, there was short interest totalling 16,900 shares, a drop of 23.2% from the February 13th total of 22,000 shares. Based on an average daily trading volume, of 38,400 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.9% of the shares of the company are short sold.

Infobird Price Performance

NASDAQ IFBD traded down $0.02 on Wednesday, hitting $1.63. The company had a trading volume of 8,357 shares, compared to its average volume of 250,498. Infobird has a 12-month low of $1.38 and a 12-month high of $6.95. The company’s fifty day moving average price is $1.89 and its 200-day moving average price is $2.03.

About Infobird

Infobird Co, Ltd, through its subsidiaries, operates as a software-as-a-service (SaaS) provider of artificial intelligence (AI) enabled customer engagement solutions in the People's Republic of China. The company offers customer relationship management cloud-based services, such as SaaS and business process outsourcing services to its clients.