Funding Circle Holdings plc (OTCMKTS:FDCHF) Sees Significant Decrease in Short Interest

Funding Circle Holdings plc (OTCMKTS:FDCHF) was the target of a significant drop in short interest during the month of March. As of March 13th, there was short interest totaling 42,172 shares, a drop of 68.2% from the February 26th total of 132,612 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.

Funding Circle Stock Performance

FDCHF stock remained flat at $2.18 during trading on Wednesday. The stock has a 50 day simple moving average of $2.11 and a 200-day simple moving average of $1.75. Funding Circle has a 1 year low of $1.60 and a 1 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.