Short Interest in Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) Declines By 11.1%

Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totalling 886,500 shares, a drop of 11.1% from the May 31st total of 996,800 shares. Based on an average daily volume of 233,700 shares, the days-to-cover ratio is presently 3.8 days.

Galaxy Digital Price Performance

OTCMKTS:BRPHF opened at $11.68 on Monday. Galaxy Digital has a 12 month low of $3.28 and a 12 month high of $13.00. The business’s 50-day moving average is $10.39 and its two-hundred day moving average is $9.32.

About Galaxy Digital

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.