Infobird Co., Ltd. (NASDAQ:IFBD) Stock Short Interest Report for September

Infobird Co., Ltd. (NASDAQ:IFBD) was the recipient of a large increase in short interest in September. As of September 30th, there was short interest totaling 138,467 shares, an increase of 916.9% from the September 15th total of 13,617 shares. Based on an average daily volume of 2,355,266 shares, the short-interest ratio is presently 0.1 days. Currently, 3.9% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Infobird from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, Infobird presently has an average rating of “Sell”.

Infobird Stock Performance

NASDAQ:IFBD traded up $0.13 on Friday, hitting $0.97. The stock had a trading volume of 214,191 shares, compared to its average volume of 1,315,878. The company has a fifty day moving average price of $0.98 and a two-hundred day moving average price of $1.00. Infobird has a 1-year low of $0.66 and a 1-year high of $2.17.

Infobird (NASDAQ:IFBD) last released its quarterly earnings data on Thursday, September 24th. The company reported ($0.94) EPS for the quarter. The company had revenue of $0.93 million during the quarter.

Infobird Company Profile

Infobird Co, Ltd. is a China-based software company that provides cloud-based customer relationship management (CRM) and customer-service solutions. Its offerings are designed to help businesses manage customer interactions, improve service operations, and use data and artificial intelligence to support customer engagement.

The company’s products and services include cloud contact-center technology, intelligent customer-service tools, CRM software, and related business-process solutions.