Soluna Holdings, Inc. (NASDAQ:SLNHP – Get Free Report) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 303 shares, a decline of 96.2% from the June 30th total of 7,981 shares. Based on an average daily trading volume, of 19,999 shares, the short-interest ratio is presently 0.0 days.
Soluna Price Performance
Soluna stock traded up $0.32 during midday trading on Friday, reaching $10.24. The stock had a trading volume of 10,938 shares, compared to its average volume of 17,921. The stock’s 50-day simple moving average is $10.71 and its 200 day simple moving average is $9.59. Soluna has a twelve month low of $1.76 and a twelve month high of $12.50.
About Soluna
Soluna Holdings, Inc is a renewable energy infrastructure and computing company focused on pairing underutilized clean power sources with high-performance computing applications. Through its proprietary modular data center technology, Soluna develops and operates facilities that can scale computing workloads for blockchain, machine learning, scientific research and other power-intensive tasks. The company’s platform is designed to balance grid stability by drawing on wind and solar resources during periods of surplus generation.
One of Soluna’s flagship initiatives is a development project near Tangier, Morocco, where the company has rights to construct and operate up to 250 megawatts of wind-powered generation capacity alongside its scalable data center modules.
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