Short Interest in BTC Digital Ltd. (NASDAQ:BTCTW) Rises By 4,200.0%

BTC Digital Ltd. (NASDAQ:BTCTW) was the target of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the December 15th total of 100 shares. Based on an average trading volume of 128,000 shares, the short-interest ratio is presently 0.0 days.

BTC Digital Trading Up 6.2 %

NASDAQ BTCTW opened at $0.04 on Wednesday. BTC Digital has a fifty-two week low of $0.01 and a fifty-two week high of $0.18. The stock has a 50-day simple moving average of $0.05 and a two-hundred day simple moving average of $0.03.

BTC Digital Company Profile

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.