BTC Digital Ltd. (NASDAQ:BTCTW) Sees Large Growth in Short Interest

BTC Digital Ltd. (NASDAQ:BTCTW) saw a large growth in short interest during the month of December. As of December 31st, there was short interest totalling 4,300 shares, a growth of 4,200.0% from the December 15th total of 100 shares. Based on an average trading volume of 128,000 shares, the short-interest ratio is presently 0.0 days.

BTC Digital Stock Performance

Shares of NASDAQ:BTCTW opened at $0.04 on Tuesday. The firm has a 50 day simple moving average of $0.05 and a 200 day simple moving average of $0.03. BTC Digital has a 52 week low of $0.01 and a 52 week high of $0.18.

BTC Digital Company Profile

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.