Funding Circle Holdings plc (OTCMKTS:FDCHF) Sees Large Growth in Short Interest

Funding Circle Holdings plc (OTCMKTS:FDCHFGet Free Report) was the target of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 6,405 shares, a growth of 2,000.0% from the June 30th total of 305 shares. Based on an average daily trading volume, of 1 shares, the short-interest ratio is presently 6,405.0 days.

Funding Circle Stock Performance

Shares of OTCMKTS FDCHF remained flat at $3.20 during mid-day trading on Friday. Funding Circle has a fifty-two week low of $1.60 and a fifty-two week high of $3.20. The business’s 50 day moving average is $2.26 and its 200 day moving average is $2.16.

About Funding Circle

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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.

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