Soluna Holdings, Inc. (NASDAQ:SLNHP – Get Free Report) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 506 shares, a decrease of 96.3% from the August 15th total of 13,842 shares. Based on an average daily volume of 9,336 shares, the short-interest ratio is presently 0.1 days.
Soluna Price Performance
Shares of NASDAQ SLNHP traded down $0.05 during midday trading on Thursday, reaching $12.65. 391 shares of the stock were exchanged, compared to its average volume of 15,949. The firm has a 50-day simple moving average of $11.15 and a two-hundred day simple moving average of $10.06. Soluna has a twelve month low of $2.60 and a twelve month high of $12.77.
About Soluna
Soluna Holdings, Inc is a renewable energy infrastructure and computing company focused on pairing underutilized clean power sources with high-performance computing applications. Through its proprietary modular data center technology, Soluna develops and operates facilities that can scale computing workloads for blockchain, machine learning, scientific research and other power-intensive tasks. The company’s platform is designed to balance grid stability by drawing on wind and solar resources during periods of surplus generation.
One of Soluna’s flagship initiatives is a development project near Tangier, Morocco, where the company has rights to construct and operate up to 250 megawatts of wind-powered generation capacity alongside its scalable data center modules.
See Also
- Five stocks we like better than Soluna
- AeroVironment’s Record Backlog and Earnings Beat Fuel Recovery Case
- Corning Just Locked In a Massive Verizon Fiber Deal as AI Infrastructure Expands
- 3 Under-$20 Stocks Tied to the Future of U.S. Energy and Materials
- Uncle Sam’s Quantum Leap: Feds Fund a $300M Quantum Supercycle
Receive News & Ratings for Soluna Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Soluna and related companies with MarketBeat.com's FREE daily email newsletter.
