Short Interest in Funding Circle Holdings plc (OTCMKTS:FDCHF) Drops By 17.8%

Funding Circle Holdings plc (OTCMKTS:FDCHF) was the target of a large drop in short interest in January. As of January 30th, there was short interest totaling 148,459 shares, a drop of 17.8% from the January 15th total of 180,578 shares. Based on an average daily volume of 20 shares, the short-interest ratio is currently 7,423.0 days. Based on an average daily volume of 20 shares, the short-interest ratio is currently 7,423.0 days.

Funding Circle Stock Performance

Shares of OTCMKTS:FDCHF opened at $2.18 on Wednesday. The business’s fifty day moving average price is $1.82 and its two-hundred day moving average price is $1.63. Funding Circle has a one year low of $1.60 and a one year high of $2.18.

About Funding Circle

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.