Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) saw a large decrease in short interest during the month of May. As of May 31st, there was short interest totalling 10,200 shares, a decrease of 25.0% from the May 15th total of 13,600 shares. Based on an average daily volume of 60,200 shares, the days-to-cover ratio is currently 0.2 days.

Argo Blockchain Stock Down 5.5 %

Shares of ARBKF traded down GBX 0.01 ($0.00) during mid-day trading on Friday, hitting GBX 0.13 ($0.00). 62,303 shares of the company’s stock were exchanged, compared to its average volume of 95,734. The firm has a fifty day moving average of GBX 0.14 and a two-hundred day moving average of GBX 0.19. Argo Blockchain has a twelve month low of GBX 0.08 ($0.00) and a twelve month high of GBX 0.46 ($0.01). The stock has a market cap of £591,283.77 and a price-to-earnings ratio of 0.06. 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 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.