Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) Sees Significant Decline in Short Interest

Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) saw a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 886,500 shares, a drop of 11.1% from the May 31st total of 996,800 shares. Based on an average daily volume of 233,700 shares, the days-to-cover ratio is currently 3.8 days.

Galaxy Digital Price Performance

OTCMKTS:BRPHF opened at $12.05 on Tuesday. The stock’s 50 day simple moving average is $10.46 and its 200-day simple moving average is $9.35. Galaxy Digital has a 12-month low of $3.28 and a 12-month high of $13.00.

About Galaxy Digital

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.