Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) saw a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 47,800 shares, an increase of 368.6% from the May 31st total of 10,200 shares. Based on an average daily volume of 133,200 shares, the days-to-cover ratio is presently 0.4 days.

Argo Blockchain Trading Down 4.3 %

Shares of OTCMKTS:ARBKF opened at GBX 0.11 ($0.00) on Friday. Argo Blockchain has a 52-week low of GBX 0.08 ($0.00) and a 52-week high of GBX 0.46 ($0.01). The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84. The company has a market capitalization of £491,837.35 and a P/E ratio of 0.05. The company has a 50-day simple moving average of GBX 0.13 and a 200 day simple moving average of GBX 0.18.

Argo Blockchain Company Profile

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.