Funding Circle Holdings plc (OTCMKTS:FDCHF – Get Free Report) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 50,700 shares, an increase of 691.6% from the July 15th total of 6,405 shares. Based on an average daily trading volume, of 1,339 shares, the short-interest ratio is presently 37.9 days.
Funding Circle Stock Performance
Shares of OTCMKTS:FDCHF remained flat at $2.95 during midday trading on Thursday. The firm’s 50 day moving average is $2.48 and its 200 day moving average is $2.29. Funding Circle has a twelve month low of $2.91 and a twelve month high of $3.20.
Funding Circle Company Profile
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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