Short Interest in Funding Circle Holdings plc (OTCMKTS:FDCHF) Increases By 691.6%

Funding Circle Holdings plc (OTCMKTS:FDCHFGet Free Report) was the recipient of a large growth in short interest in July. As of July 31st, there was short interest totaling 50,700 shares, a growth of 691.6% from the July 15th total of 6,405 shares. Based on an average daily volume of 1,339 shares, the days-to-cover ratio is currently 37.9 days.

Funding Circle Stock Performance

OTCMKTS FDCHF opened at $2.95 on Friday. The stock’s 50-day moving average price is $2.50 and its two-hundred day moving average price is $2.29. Funding Circle has a 1 year low of $2.91 and a 1 year high of $3.20.

Funding Circle Company Profile

(Get Free Report)

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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