Bitcoin Depot Inc. (NASDAQ:BTMWW) Short Interest Update

Bitcoin Depot Inc. (NASDAQ:BTMWW) was the target of a significant growth in short interest in March. As of March 31st, there was short interest totaling 33,454 shares, a growth of 22.7% from the March 15th total of 27,267 shares. Based on an average daily trading volume, of 105,711 shares, the days-to-cover ratio is presently 0.3 days.

Bitcoin Depot Stock Up 7.0%

NASDAQ:BTMWW traded up $0.00 during trading on Thursday, reaching $0.03. The company’s stock had a trading volume of 232,932 shares, compared to its average volume of 194,443. Bitcoin Depot has a 12 month low of $0.02 and a 12 month high of $0.75. The firm has a 50 day moving average of $0.04 and a 200-day moving average of $0.13.

About Bitcoin Depot

Bitcoin Depot, Inc (NASDAQ: BTMWW) operates one of the largest cryptocurrency ATM networks in the United States, providing self-service kiosks where consumers can buy and sell major digital assets. The company’s machines support transactions in Bitcoin, Ethereum, Litecoin and Bitcoin Cash, enabling users to access cryptocurrency markets without requiring a traditional exchange account. Transactions can be completed in minutes, and many kiosks are co-located in retail convenience stores, pharmacies and shopping centers to maximize accessibility.

Since its founding in 2016, Bitcoin Depot has grown through a combination of organic deployment and strategic partnerships with retail operators.