Argo Blockchain plc (OTCMKTS:ARBKF) Sees Significant Decline in Short Interest

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant decline in short interest in January. As of January 15th, there was short interest totalling 200 shares, a decline of 99.5% from the December 31st total of 42,100 shares. Based on an average trading volume of 214,200 shares, the short-interest ratio is presently 0.0 days.

Argo Blockchain Stock Down 9.1 %

Shares of OTCMKTS:ARBKF opened at GBX 0.04 ($0.00) on Wednesday. The company has a market cap of £182,161.98 and a price-to-earnings ratio of 0.02. The firm’s 50-day simple moving average is GBX 0.07 and its 200-day simple moving average is GBX 0.10. The company has a quick ratio of 0.40, a current ratio of 1.84 and a debt-to-equity ratio of 29.16. Argo Blockchain has a fifty-two week low of GBX 0.04 ($0.00) and a fifty-two week high of GBX 0.29 ($0.00).

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.