Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) Sees Significant Drop in Short Interest

Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totalling 603,200 shares, a drop of 26.3% from the March 15th total of 818,500 shares. Based on an average daily volume of 356,800 shares, the short-interest ratio is presently 1.7 days.

Galaxy Digital Stock Performance

Galaxy Digital stock opened at $9.43 on Friday. Galaxy Digital has a 12-month low of $3.09 and a 12-month high of $12.00. The company has a 50-day moving average price of $9.78 and a 200 day moving average price of $7.29.

About Galaxy Digital

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.