Why Do Investors Buy Stock In Soluna Holdings Inc (SLNH)?

Soluna Holdings Inc (NASDAQ:SLNH) has a beta value of 3.47 and has seen 1.2 million shares traded in the last trading session. The company, currently valued at $6.77M, closed the last trade at $0.64 per share which meant it lost -$0.25 on the day or -28.66% during that session. The SLNH stock price is -1275.0% off its 52-week high price of $8.80 and -32.81% below the 52-week low of $0.85. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.32 million shares traded. The 3-month trading volume is 549.02K shares.

Soluna Holdings Inc (NASDAQ:SLNH) trade information

Sporting -28.66% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SLNH stock price touched $0.64 or saw a rise of 40.74%. Year-to-date, Soluna Holdings Inc shares have moved -69.62%, while the 5-day performance has seen it change -36.20%. Over the past 30 days, the shares of Soluna Holdings Inc (NASDAQ:SLNH) have changed -40.37%. Short interest in the company has seen 0.88 million shares shorted with days to cover at 1.13.

Soluna Holdings Inc (SLNH) estimates and forecasts

The company’s shares have lost -81.56% over the past 6 months.

SLNH Dividends

Soluna Holdings Inc is expected to release its next earnings report on 2008-Mar-26 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Soluna Holdings Inc (NASDAQ:SLNH)’s Major holders

Insiders own 22.79% of the company shares, while shares held by institutions stand at 10.60% with a share float percentage of 13.72%. Investors are also buoyed by the number of investors in a company, with Soluna Holdings Inc having a total of 25.0 institutions that hold shares in the company.

Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . As of Dec 31, 2024 , the former fund manager holds about 0.49% shares in the company for having 40.76 shares of worth $26004.0 while later fund manager owns 24.03 shares of worth $15333.0 as of Jan 31, 2025 , which makes it owner of about 0.29% of company’s outstanding stock.