Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Down 99.5% in January

Argo Blockchain plc (OTCMKTS:ARBKF) saw a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 200 shares, a decrease of 99.5% from the December 31st total of 42,100 shares. Based on an average daily volume of 214,200 shares, the short-interest ratio is currently 0.0 days.

Argo Blockchain Stock Performance

ARBKF stock opened at GBX 0.05 ($0.00) on Thursday. The firm has a 50 day simple moving average of GBX 0.06 and a 200 day simple moving average of GBX 0.10. Argo Blockchain has a 52 week low of GBX 0.04 ($0.00) and a 52 week high of GBX 0.29 ($0.00). The stock has a market cap of £221,863.95 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.

Argo Blockchain Company Profile

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.