Funding Circle Holdings plc (OTCMKTS:FDCHF) Sees Significant Decrease in Short Interest

Funding Circle Holdings plc (OTCMKTS:FDCHF) was the target of a significant decline in short interest in January. As of January 30th, there was short interest totaling 148,459 shares, a decline of 17.8% from the January 15th total of 180,578 shares. Based on an average daily volume of 20 shares, the days-to-cover ratio is currently 7,423.0 days. Based on an average daily volume of 20 shares, the days-to-cover ratio is currently 7,423.0 days.

Funding Circle Stock Performance

Shares of FDCHF stock remained flat at $2.18 during trading hours on Monday. Funding Circle has a 12 month low of $1.60 and a 12 month high of $2.18. The company has a 50-day simple moving average of $1.80 and a 200 day simple moving average of $1.62.

Funding Circle Company Profile

Funding Circle (OTCMKTS:FDCHF) operates an online lending marketplace that connects small and medium-sized enterprises (SMEs) seeking financing with individual and institutional investors. The company’s platform provides a streamlined digital experience for loan applications, underwriting, and repayments, leveraging data-driven credit assessments to facilitate access to working capital and term financing for businesses.

Founded in 2010 in London by Samir Desai, James Meekings and Andrew Mullinger, Funding Circle has grown into one of the leading peer-to-peer lending platforms globally.