Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Increases By 4,950.0%

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant increase in short interest in January. As of January 15th, there was short interest totalling 10,100 shares, an increase of 4,950.0% from the December 31st total of 200 shares. Based on an average daily trading volume, of 76,100 shares, the days-to-cover ratio is currently 0.1 days.

Argo Blockchain Stock Up 21.8 %

Shares of OTCMKTS:ARBKF traded up GBX 0.01 ($0.00) during mid-day trading on Thursday, reaching GBX 0.05 ($0.00). 58,250 shares of the stock were exchanged, compared to its average volume of 80,208. The company has a quick ratio of 0.40, a current ratio of 1.84 and a debt-to-equity ratio of 29.16. The company has a market cap of £221,863.95 and a P/E ratio of 0.02. Argo Blockchain has a one year low of GBX 0.04 ($0.00) and a one year high of GBX 0.29 ($0.00). The stock’s 50 day simple moving average is GBX 0.06 and its 200-day simple moving average is GBX 0.10.

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.