Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant growth in short interest in the month of November. As of November 15th, there was short interest totalling 60,400 shares, a growth of 30,100.0% from the October 31st total of 200 shares. Based on an average daily trading volume, of 321,600 shares, the days-to-cover ratio is presently 0.2 days.

Argo Blockchain Stock Performance

Argo Blockchain stock opened at GBX 0.10 ($0.00) on Thursday. The company has a debt-to-equity ratio of 29.16, a current ratio of 1.84 and a quick ratio of 0.40. Argo Blockchain has a 12 month low of GBX 0.09 ($0.00) and a 12 month high of GBX 0.46 ($0.01). The company has a market cap of £467,082.00 and a price-to-earnings ratio of 0.05. The stock’s 50-day moving average is GBX 0.11 and its 200-day moving average is GBX 0.12.

About Argo Blockchain

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.