BitFuFu Inc. (NASDAQ:FUFUW) Short Interest Update

BitFuFu Inc. (NASDAQ:FUFUW) was the target of a significant growth in short interest in December. As of December 31st, there was short interest totaling 15,986 shares, a growth of 43.0% from the December 15th total of 11,176 shares. Based on an average trading volume of 22,402 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 22,402 shares, the days-to-cover ratio is currently 0.7 days.

BitFuFu Trading Down 12.9%

BitFuFu stock traded down $0.04 during midday trading on Friday, reaching $0.27. 3,527 shares of the company were exchanged, compared to its average volume of 10,448. BitFuFu has a 1 year low of $0.18 and a 1 year high of $0.60. The firm’s 50-day simple moving average is $0.25 and its 200-day simple moving average is $0.33.

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.