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

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) saw a significant increase in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, an increase of 183.3% from the December 31st total of 600 shares. Based on an average trading volume of 0 shares, the days-to-cover ratio is presently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Price Performance

Shares of ARBKL traded up $0.22 during mid-day trading on Thursday, hitting $7.32. The company’s stock had a trading volume of 2,421 shares, compared to its average volume of 10,212. The company’s 50-day moving average is $7.33 and its 200-day moving average is $8.85. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 52-week low of $5.53 and a 52-week high of $10.89.

Argo Blockchain plc 8.75% Senior Notes due 2026 Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a $0.5468 dividend. This represents a $2.19 dividend on an annualized basis and a yield of 29.88%. The ex-dividend date is Wednesday, January 15th.

Argo Blockchain plc 8.75% Senior Notes due 2026 Company Profile

say hello to the future. argo makes it easy to mine bitcoin gold, ethereum and other altcoins from home. argo is a platform that enables customers to efficiently mine ethereum and other altcoins from their own computer or mobile device. with just a click of a button and a transparent monthly fee, our users can immediately select which coin(s) they want to mine.