Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Sees Large Decline in Short Interest

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) was the target of a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 700 shares, a decrease of 46.2% from the September 30th total of 1,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Down 0.1 %

ARBKL traded down $0.01 during midday trading on Monday, hitting $9.64. 2,500 shares of the company were exchanged, compared to its average volume of 12,570. The firm’s 50 day moving average price is $9.86 and its 200-day moving average price is $9.31. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 1-year low of $6.25 and a 1-year high of $12.50.

Argo Blockchain plc 8.75% Senior Notes due 2026 Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be paid a $2.1875 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $8.75 annualized dividend and a dividend yield of 90.77%.

About Argo Blockchain plc 8.75% Senior Notes due 2026

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