Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Up 20.6% in August

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a large growth in short interest during the month of August. As of August 31st, there was short interest totalling 12,300 shares, a growth of 20.6% from the August 15th total of 10,200 shares. Based on an average daily volume of 48,500 shares, the days-to-cover ratio is currently 0.3 days.

Argo Blockchain Stock Up 9.1 %

Shares of Argo Blockchain stock traded up GBX 0.01 ($0.00) on Tuesday, reaching GBX 0.12 ($0.00). 11,100 shares of the company were exchanged, compared to its average volume of 75,511. The company has a market capitalization of £560,498.40 and a price-to-earnings ratio of 0.05. The company has a current ratio of 1.84, a quick ratio of 0.40 and a debt-to-equity ratio of 29.16. Argo Blockchain has a one year low of GBX 0.08 ($0.00) and a one year high of GBX 0.46 ($0.01). The company has a 50-day moving average of GBX 0.13 and a 200 day moving average of GBX 0.14.

About Argo Blockchain

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.