Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Up 2,001.0% in January

Argo Blockchain plc (OTCMKTS:ARBKFGet Free Report) was the target of a significant increase in short interest in January. As of January 31st, there was short interest totalling 212,200 shares, an increase of 2,001.0% from the January 15th total of 10,100 shares. Based on an average daily trading volume, of 194,900 shares, the days-to-cover ratio is currently 1.1 days.

Argo Blockchain Stock Performance

Shares of ARBKF stock traded down GBX 0 ($0.00) during trading hours on Wednesday, reaching GBX 0.05 ($0.00). 4,567 shares of the company traded hands, compared to its average volume of 62,417. The firm has a 50-day moving average price of GBX 0.06 and a 200 day moving average price of GBX 0.10. The company has a market cap of Ā£242,882.64 and a P/E ratio of 0.02. Argo Blockchain has a 12-month low of GBX 0.04 ($0.00) and a 12-month high of GBX 0.29 ($0.00). The company has a debt-to-equity ratio of 29.16, a current ratio of 1.84 and a quick ratio of 0.40.

Argo Blockchain Company Profile

(Get Free Report)

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.

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