Onfolio Holdings Inc. (NASDAQ:ONFO) Stock Short Interest Report for September

Onfolio Holdings Inc. (NASDAQ:ONFO) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 372,763 shares, an increase of 141.4% from the September 15th total of 154,405 shares. Based on an average daily volume of 903,774 shares, the short-interest ratio is presently 0.4 days. Approximately 20.6% of the company’s shares are sold short.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the company. Weiss Ratings lowered Onfolio from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Monday, September 14th. Wall Street Zen cut Onfolio to a “strong sell” rating in a report on Saturday, August 15th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Onfolio Stock Performance

Shares of ONFO stock opened at $0.55 on Thursday. The firm has a market capitalization of $1.35 million, a price-to-earnings ratio of -0.01 and a beta of 3.41. The stock has a fifty day moving average of $1.28 and a 200 day moving average of $19.37. Onfolio has a 52 week low of $0.50 and a 52 week high of $123.92. The company has a quick ratio of 0.09, a current ratio of 0.09 and a debt-to-equity ratio of 0.16.

Onfolio (NASDAQ:ONFO) last issued its quarterly earnings data on Wednesday, August 19th. The company reported ($35.57) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.11) by ($35.46). Onfolio had a negative net margin of 101.86% and a negative return on equity of 210.67%. The company had revenue of $1.50 million for the quarter, compared to analysts’ expectations of $1.68 million.

Onfolio Company Profile

Onfolio Holdings Inc (NASDAQ: ONFO) is a holding company that acquires, operates and grows online businesses. Its portfolio has included digital businesses in areas such as e-commerce, content publishing, subscription services and software, with an emphasis on companies that have established revenue streams and opportunities for operational improvement.

Following an acquisition, Onfolio provides centralized management and support in areas such as digital marketing, search engine optimization, content development, technology, finance and business operations.