Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) saw a significant increase in short interest in December. As of December 15th, there was short interest totalling 42,100 shares, an increase of 33.7% from the November 30th total of 31,500 shares. Based on an average daily volume of 393,600 shares, the days-to-cover ratio is presently 0.1 days.

Argo Blockchain Stock Performance

OTCMKTS:ARBKF opened at GBX 0.05 ($0.00) on Monday. The business’s fifty day moving average is GBX 0.09 and its 200 day moving average is GBX 0.11. The firm has a market cap of £214,857.72 and a price-to-earnings ratio of 0.02. The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84. Argo Blockchain has a 52-week low of GBX 0.05 ($0.00) and a 52-week high of GBX 0.46 ($0.01).

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.