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Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Declines By 14.3%

March 16, 2024
in Blockchain
0


Argo Blockchain plc (OTCMKTS:ARBKF – Get Free Report) saw a significant drop in short interest in the month of February. As of February 29th, there was short interest totalling 10,200 shares, a drop of 14.3% from the February 14th total of 11,900 shares. Based on an average trading volume of 203,000 shares, the days-to-cover ratio is currently 0.1 days.

Argo Blockchain Price Performance

Shares of OTCMKTS ARBKF opened at GBX 0.16 ($0.00) on Friday. The stock has a market cap of £747,331.20 and a PE ratio of 0.07. The business has a fifty day moving average of GBX 0.21 and a two-hundred day moving average of GBX 0.17. Argo Blockchain has a 52-week low of GBX 0.08 ($0.00) and a 52-week high of GBX 0.46 ($0.01). 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 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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