MGT Capital Investments, Inc. (OTCMKTS:MGTI) Sees Large Growth in Short Interest

MGT Capital Investments, Inc. (OTCMKTS:MGTIGet Rating) was the recipient of a large increase in short interest in the month of May. As of May 15th, there was short interest totalling 14,600 shares, an increase of 165.5% from the April 30th total of 5,500 shares. Based on an average daily volume of 3,489,700 shares, the days-to-cover ratio is currently 0.0 days.

Shares of OTCMKTS MGTI opened at $0.01 on Friday. MGT Capital Investments has a 52-week low of $0.01 and a 52-week high of $0.06. The business has a 50-day moving average price of $0.02 and a 200 day moving average price of $0.02.

About MGT Capital Investments (Get Rating)

MGT Capital Investments, Inc, a cryptocurrency mining company, mines and sells bitcoins. The company was incorporated in 1977 and is headquartered in Raleigh, North Carolina.

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