Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) saw a large increase in short interest in the month of January. As of January 31st, there was short interest totalling 212,200 shares, an increase of 2,001.0% from the January 15th total of 10,100 shares. Based on an average trading volume of 194,900 shares, the short-interest ratio is currently 1.1 days.

Argo Blockchain Trading Down 9.6 %

OTCMKTS:ARBKF opened at GBX 0.05 ($0.00) on Friday. 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 company’s 50-day simple moving average is GBX 0.06 and its 200 day simple moving average is GBX 0.10. The firm has a market capitalization of £219,528.54 and a P/E ratio of 0.02. The company has a debt-to-equity ratio of 29.16, a current ratio of 1.84 and a quick ratio of 0.40.

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.