Argo Blockchain plc (OTCMKTS:ARBKF) Sees Large Decrease in Short Interest

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 170 shares, a drop of 100.0% from the December 15th total of 1,118,990 shares. Based on an average daily volume of 3,943,164 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average daily volume of 3,943,164 shares, the short-interest ratio is presently 0.0 days.

Argo Blockchain Stock Down 11.4%

Shares of Argo Blockchain stock opened at GBX 0 on Wednesday. The business has a 50-day moving average price of GBX 0.02 and a 200 day moving average price of GBX 0.03. Argo Blockchain has a fifty-two week low of GBX 0 and a fifty-two week high of GBX 0.10. The firm has a market cap of £14,479.54 and a P/E ratio of 0.00. The company has a quick ratio of 0.40, a current ratio of 1.84 and a debt-to-equity ratio of 29.16.

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.