Mawson Infrastructure Group Inc. (NASDAQ:MIGI) Short Interest Update

Mawson Infrastructure Group Inc. (NASDAQ:MIGI) was the target of a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 167,400 shares, a decline of 75.9% from the December 31st total of 695,000 shares. Based on an average trading volume of 2,260,000 shares, the short-interest ratio is currently 0.1 days. Currently, 1.1% of the company’s stock are sold short.

Institutional Trading of Mawson Infrastructure Group

A hedge fund recently bought a new stake in Mawson Infrastructure Group stock. Regal Partners Ltd purchased a new stake in shares of Mawson Infrastructure Group Inc. (NASDAQ:MIGI) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 32,135 shares of the company’s stock, valued at approximately $40,000. Regal Partners Ltd owned approximately 0.17% of Mawson Infrastructure Group at the end of the most recent quarter. 6.86% of the stock is owned by hedge funds and other institutional investors.

Mawson Infrastructure Group Stock Performance

Shares of Mawson Infrastructure Group stock traded down $0.04 during midday trading on Tuesday, hitting $0.80. The company had a trading volume of 373,485 shares, compared to its average volume of 376,823. The stock has a market cap of $14.93 million, a price-to-earnings ratio of -0.25 and a beta of 3.38. The company has a quick ratio of 0.39, a current ratio of 0.39 and a debt-to-equity ratio of 0.09. Mawson Infrastructure Group has a 12-month low of $0.62 and a 12-month high of $2.96. The company has a fifty day simple moving average of $1.17 and a 200 day simple moving average of $1.33.

About Mawson Infrastructure Group

Mawson Infrastructure Group Inc develops and operates digital infrastructure for digital currency on the bitcoin blockchain network in the United States. It engages in digital currency or bitcoin self-mining, customer co-location and related services, and energy markets, as well as operates data center facilities.