Short Interest in BTC Digital Ltd. (NASDAQ:BTCTW) Expands By 4,200.0%

BTC Digital Ltd. (NASDAQ:BTCTW) was the target of a significant increase in short interest during the month of January. As of January 15th, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the December 31st total of 100 shares. Based on an average trading volume of 128,000 shares, the short-interest ratio is presently 0.0 days.

BTC Digital Trading Up 1.9 %

Shares of BTCTW stock traded up $0.00 during midday trading on Tuesday, hitting $0.05. The company had a trading volume of 1,642 shares, compared to its average volume of 136,291. The company’s 50 day simple moving average is $0.05 and its 200 day simple moving average is $0.04. BTC Digital has a 52-week low of $0.01 and a 52-week high of $0.18.

BTC Digital Company Profile

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.