Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Short Interest Down 50.0% in September

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKLGet Free Report) saw a significant drop in short interest in September. As of September 15th, there was short interest totalling 1,400 shares, a drop of 50.0% from the August 31st total of 2,800 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is currently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Price Performance

Shares of NASDAQ:ARBKL traded up $0.26 during trading on Friday, hitting $10.69. 14,560 shares of the stock traded hands, compared to its average volume of 12,454. The company has a fifty day moving average price of $9.69 and a two-hundred day moving average price of $9.13. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 52-week low of $6.00 and a 52-week high of $12.50.

Argo Blockchain plc 8.75% Senior Notes due 2026 Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 31st. Shareholders of record on Monday, July 15th were given a $0.5468 dividend. The ex-dividend date of this dividend was Monday, July 15th. This represents a $2.19 dividend on an annualized basis and a dividend yield of 20.46%.

Argo Blockchain plc 8.75% Senior Notes due 2026 Company Profile

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