Abits Group Inc. (NASDAQ:ABTS) Short Interest Up 6.9% in March

Abits Group Inc. (NASDAQ:ABTS) saw a significant growth in short interest during the month of March. As of March 31st, there was short interest totalling 284,600 shares, a growth of 6.9% from the March 15th total of 266,300 shares. Currently, 1.0% of the company’s stock are short sold. Based on an average daily volume of 231,300 shares, the short-interest ratio is presently 1.2 days.

Abits Group Stock Performance

Shares of ABTS opened at $0.77 on Wednesday. Abits Group has a 1-year low of $0.57 and a 1-year high of $1.80. The stock’s fifty day moving average price is $0.84.

Abits Group Company Profile

Abits Group Inc, a digital company, engages in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.