Bitcoin Depot Inc. (NASDAQ:BTMWW) Short Interest Up 517.9% in October

Bitcoin Depot Inc. (NASDAQ:BTMWW) was the recipient of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 17,300 shares, an increase of 517.9% from the September 30th total of 2,800 shares. Based on an average daily volume of 72,700 shares, the days-to-cover ratio is currently 0.2 days.

Bitcoin Depot Stock Up 13.6 %

Bitcoin Depot stock traded up $0.01 during mid-day trading on Friday, reaching $0.05. The company’s stock had a trading volume of 9,209 shares, compared to its average volume of 55,669. Bitcoin Depot has a 12 month low of $0.03 and a 12 month high of $0.19. The business’s 50 day simple moving average is $0.05 and its 200 day simple moving average is $0.06.

About Bitcoin Depot

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade.