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

Funding Circle Holdings plc (OTCMKTS:FDCHF – Get Free Report) was the recipient of a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 1,179 shares, a decline of 93.5% from the September 30th total of 18,144 shares. Based on an average daily volume of 0 shares, the days-to-cover ratio is presently ? days.

Funding Circle Stock Performance

Funding Circle stock remained flat at $2.95 during mid-day trading on Monday. The business’s 50 day moving average is $2.95 and its 200-day moving average is $2.57. Funding Circle has a 1 year low of $2.91 and a 1 year high of $3.20.

Funding Circle Company Profile

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Funding Circle is a financial technology company that operates an online lending platform for small and medium-sized businesses. The platform connects eligible businesses seeking financing with banks, institutional investors and other funding sources, using technology and data-driven credit assessment to support loan applications and servicing.

The company’s products have included business term loans and other forms of small-business finance, with offerings and underwriting processes tailored to the requirements of each market.

Further Reading

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