Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Sees Significant Growth in Short Interest

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) saw a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 24,800 shares, a growth of 6.9% from the May 31st total of 23,200 shares. Based on an average daily volume of 11,700 shares, the days-to-cover ratio is currently 2.1 days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Up 1.3 %

Shares of ARBKL opened at $9.17 on Thursday. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 12 month low of $6.00 and a 12 month high of $12.50. The firm’s 50 day moving average is $8.81 and its 200-day moving average is $9.30.

Argo Blockchain plc 8.75% Senior Notes due 2026 Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 31st. Investors of record on Monday, July 15th will be given a dividend of $0.5468 per share. The ex-dividend date is Monday, July 15th. This represents a $2.19 annualized dividend and a yield of 23.85%.

About Argo Blockchain plc 8.75% Senior Notes due 2026

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