Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Up 2,001.0% in January

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant increase in short interest during the month of January. As of January 31st, there was short interest totalling 212,200 shares, an increase of 2,001.0% from the January 15th total of 10,100 shares. Based on an average trading volume of 194,900 shares, the days-to-cover ratio is presently 1.1 days.

Argo Blockchain Stock Down 1.0 %

Shares of OTCMKTS ARBKF opened at GBX 0.05 ($0.00) on Thursday. Argo Blockchain has a 1 year low of GBX 0.04 ($0.00) and a 1 year high of GBX 0.29 ($0.00). The firm’s 50 day moving average price is GBX 0.06 and its 200 day moving average price is GBX 0.10. The firm has a market cap of £242,882.64 and a P/E ratio of 0.02. The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84.

About Argo Blockchain

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.