Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Up 4,950.0% in January

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant increase in short interest in January. As of January 15th, there was short interest totalling 10,100 shares, an increase of 4,950.0% from the December 31st total of 200 shares. Based on an average daily volume of 76,100 shares, the short-interest ratio is presently 0.1 days.

Argo Blockchain Price Performance

OTCMKTS ARBKF traded down GBX 0 ($0.00) on Friday, reaching GBX 0.05 ($0.00). 9,739 shares of the stock traded hands, compared to its average volume of 73,572. Argo Blockchain has a 12 month low of GBX 0.04 ($0.00) and a 12 month high of GBX 0.29 ($0.00). The company has a market cap of £242,882.64 and a price-to-earnings ratio of 0.02. The firm’s fifty day simple moving average is GBX 0.06 and its 200 day simple moving average is GBX 0.10. The company has a quick ratio of 0.40, a current ratio of 1.84 and a debt-to-equity ratio of 29.16.

Argo Blockchain Company Profile

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.