Mercurity Fintech Holding Inc. (NASDAQ:MFH - Get Free Report) was the recipient of a large decrease in short interest during the month of December. As of December 15th, there was short interest totalling 658,800 shares, a decrease of 14.3% from the November 30th total of 768,700 shares. Based on an average daily trading volume, of 353,000 shares, the days-to-cover ratio is currently 1.9 days.
Mercurity Fintech Stock Performance
Shares of NASDAQ MFH traded up $0.96 during midday trading on Friday, hitting $6.78. 161,081 shares of the company's stock were exchanged, compared to its average volume of 107,147. Mercurity Fintech has a twelve month low of $1.03 and a twelve month high of $8.07. The stock's 50 day moving average price is $4.43 and its 200-day moving average price is $2.62.
About Mercurity Fintech
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Mercurity Fintech Holding Inc operates as a fintech company powered by blockchain. The company provides digital asset trading infrastructure solutions based on internet and blockchain technologies for cryptocurrency traders; and asset digitalization platform, which offers blockchain-based digitalization solutions for traditional assets, such as fiat currencies, bonds, and precious metals.
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