BTC Digital Ltd. (NASDAQ:BTCTW) Short Interest Up 4,200.0% in December

BTC Digital Ltd. (NASDAQ:BTCTW) was the recipient of a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 4,300 shares, a growth of 4,200.0% from the December 15th total of 100 shares. Based on an average daily volume of 128,000 shares, the days-to-cover ratio is presently 0.0 days.

BTC Digital Trading Up 9.9 %

BTCTW traded up $0.00 during trading on Monday, reaching $0.04. 35,604 shares of the company traded hands, compared to its average volume of 52,464. The firm has a fifty day simple moving average of $0.05 and a 200 day simple moving average of $0.03. BTC Digital has a 12-month low of $0.01 and a 12-month high of $0.18.

About BTC Digital

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.