Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Down 99.5% in December

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totalling 200 shares, a decline of 99.5% from the December 15th total of 42,100 shares. Based on an average daily volume of 214,200 shares, the short-interest ratio is presently 0.0 days.

Argo Blockchain Price Performance

Shares of ARBKF opened at GBX 0.06 ($0.00) on Tuesday. 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 has a fifty-two week low of GBX 0.05 ($0.00) and a fifty-two week high of GBX 0.29 ($0.00). The company has a market cap of £269,039.23 and a P/E ratio of 0.03. The firm’s 50 day moving average price is GBX 0.08 and its 200 day moving average price is GBX 0.11.

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.