Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Short Interest Update

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) saw a large drop in short interest in March. As of March 31st, there was short interest totalling 26,800 shares, a drop of 10.7% from the March 15th total of 30,000 shares. Based on an average daily volume of 14,900 shares, the short-interest ratio is presently 1.8 days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Performance

Shares of NASDAQ:ARBKL opened at $8.14 on Wednesday. The stock’s fifty day simple moving average is $9.01 and its two-hundred day simple moving average is $8.74. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 1-year low of $5.24 and a 1-year high of $12.50.

Argo Blockchain plc 8.75% Senior Notes due 2026 Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, April 30th. Shareholders of record on Monday, April 15th will be issued a dividend of $2.1875 per share. This represents a $8.75 dividend on an annualized basis and a yield of 107.49%. The ex-dividend date is Friday, April 12th. This is a positive change from Argo Blockchain plc 8.75% Senior Notes due 2026’s previous quarterly dividend of $0.55.

About Argo Blockchain plc 8.75% Senior Notes due 2026

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