Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant growth in short interest during the month of December. As of December 15th, there was short interest totalling 42,100 shares, a growth of 33.7% from the November 30th total of 31,500 shares. Based on an average daily volume of 393,600 shares, the short-interest ratio is presently 0.1 days.

Argo Blockchain Trading Down 22.4 %

Shares of ARBKF traded down GBX 0.02 ($0.00) during trading hours on Friday, hitting GBX 0.05 ($0.00). The stock had a trading volume of 68,669 shares, compared to its average volume of 80,347. Argo Blockchain has a 12-month low of GBX 0.05 ($0.00) and a 12-month high of GBX 0.46 ($0.01). The firm has a market cap of £214,857.72 and a P/E ratio of 0.02. The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84. The company’s fifty day simple moving average is GBX 0.09 and its 200 day simple moving average is GBX 0.11.

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.