Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Grows By 5,185.0%

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant growth in short interest in the month of December. As of December 15th, there was short interest totaling 1,118,990 shares, a growth of 5,185.0% from the November 30th total of 21,173 shares. Based on an average daily trading volume, of 1,229,095 shares, the short-interest ratio is presently 0.9 days. Approximately 0.2% of the company’s shares are short sold. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,229,095 shares, the short-interest ratio is presently 0.9 days.

Argo Blockchain Trading Up 25.0%

Shares of OTCMKTS ARBKF opened at GBX 0.01 on Thursday. Argo Blockchain has a fifty-two week low of GBX 0 and a fifty-two week high of GBX 0.10. The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84. The company has a market cap of £23,354.10 and a price-to-earnings ratio of 0.00. The business’s 50 day moving average price is GBX 0.03 and its 200-day moving average price is GBX 0.03.

About Argo Blockchain

Argo Blockchain plc (OTCMKTS: ARBKF) is a digital asset mining company headquartered in London. The firm specializes in the mining of Bitcoin and other blockchain-based tokens, leveraging specialist computing hardware to secure blockchain networks and validate transactions. Through its publicly traded status on the OTC Markets in the United States, Argo provides investors with exposure to cryptocurrency mining without direct ownership of digital tokens.

The company’s core activities include the deployment, operation and maintenance of high-performance mining rigs.