Short Interest in MGT Capital Investments, Inc. (OTCMKTS:MGTI) Drops By 44.8%

MGT Capital Investments, Inc. (OTCMKTS:MGTI) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 52,800 shares, a decline of 44.8% from the August 15th total of 95,600 shares. Based on an average trading volume of 4,217,200 shares, the short-interest ratio is currently 0.0 days.

Shares of OTCMKTS:MGTI remained flat at $$0.03 during trading on Friday. The stock had a trading volume of 5,943,613 shares, compared to its average volume of 8,525,688. The stock has a fifty day moving average of $0.03 and a two-hundred day moving average of $0.05. MGT Capital Investments has a 12-month low of $0.01 and a 12-month high of $0.30.

About MGT Capital Investments

MGT Capital Investments, Inc engages in bitcoin mining business. It owns and operates Bitmain Antminer S9 Bitcoin mining rigs and graphics processing unit-based Ethereum miners. The company was founded in 1977 and is headquartered in Raleigh, NC.

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