Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Rises By 53.9%

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 15,700 shares, a growth of 53.9% from the March 15th total of 10,200 shares. Based on an average daily trading volume, of 193,800 shares, the days-to-cover ratio is currently 0.1 days.

Argo Blockchain Stock Performance

Shares of ARBKF opened at GBX 0.14 ($0.00) on Friday. Argo Blockchain has a 1 year low of GBX 0.08 ($0.00) and a 1 year high of GBX 0.46 ($0.01). The company has a debt-to-equity ratio of 29.16, a current ratio of 1.84 and a quick ratio of 0.40. The stock’s fifty day moving average price is GBX 0.19 and its two-hundred day moving average price is GBX 0.18. The firm has a market cap of £630,560.70 and a PE ratio of 0.06.

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.