Short Interest in Soluna Holdings, Inc. (NASDAQ:SLNHP) Rises By 600.0%

Soluna Holdings, Inc. (NASDAQ:SLNHP) saw a large increase in short interest during the month of October. As of October 15th, there was short interest totalling 1,400 shares, an increase of 600.0% from the September 30th total of 200 shares. Based on an average trading volume of 9,000 shares, the short-interest ratio is currently 0.2 days.

Soluna Trading Up 13.2 %

SLNHP traded up $1.53 during trading on Friday, hitting $13.10. 103,972 shares of the stock traded hands, compared to its average volume of 8,469. Soluna has a 12-month low of $1.03 and a 12-month high of $13.30. The firm has a 50-day moving average of $5.99 and a 200 day moving average of $4.78.

About Soluna

Soluna Holdings, Inc together with its subsidiaries, engages in the mining of cryptocurrency through data centers. It operates through two segments, Cryptocurrency Mining and Data Center Hosting. The company also operates in the blockchain business. In addition, the company develops and builds modular data centers that use for cryptocurrency mining.