Bitcoin Group SE (OTCMKTS:BTGGF) Sees Significant Increase in Short Interest

Bitcoin Group SE (OTCMKTS:BTGGF) was the recipient of a significant growth in short interest in December. As of December 31st, there was short interest totalling 6,700 shares, a growth of 76.3% from the December 15th total of 3,800 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 67.0 days.

Bitcoin Group Stock Performance

Shares of OTCMKTS BTGGF opened at $63.22 on Friday. The stock’s 50 day moving average price is $63.14 and its two-hundred day moving average price is $61.85. Bitcoin Group has a 52-week low of $63.22 and a 52-week high of $63.22.

About Bitcoin Group

Bitcoin Group SE, an investment holding company, engages in the cryptocurrency and blockchain businesses worldwide. The company operates a trading platform for the digital currency bitcoin under the Bitcoin.de. It also provides financial services. The company was founded in 2008 and is based in Herford, Germany.