Short Interest in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Declines By 23.3%

Posted by Stacy Sanders on Mar 31st, 2025

Gryphon Digital Mining, Inc. (NASDAQ:GRYP – Get Free Report) was the target of a large drop in short interest during the month of March. As of March 15th, there was short interest totalling 866,300 shares, a drop of 23.3% from the February 28th total of 1,130,000 shares. Based on an average daily volume of 2,640,000 shares, the short-interest ratio is currently 0.3 days. Currently, 1.9% of the company’s shares are sold short.

Gryphon Digital Mining Stock Up 6.3 %

Shares of Gryphon Digital Mining stock opened at $0.18 on Monday. Gryphon Digital Mining has a 12 month low of $0.16 and a 12 month high of $1.89. The stock’s fifty day simple moving average is $0.28 and its 200 day simple moving average is $0.47.

Insider Transactions at Gryphon Digital Mining

In other news, SVP Peter Eric Gallie purchased 145,236 shares of the business’s stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average cost of $0.39 per share, for a total transaction of $56,642.04. Following the transaction, the senior vice president now directly owns 145,236 shares of the company’s stock, valued at approximately $56,642.04. The trade was a ∞ increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Brittany Kaiser sold 604,581 shares of Gryphon Digital Mining stock in a transaction that occurred on Wednesday, January 8th. The stock was sold at an average price of $0.35, for a total transaction of $211,603.35. Following the transaction, the director now directly owns 604,581 shares in the company, valued at $211,603.35. The trade was a 50.00 % decrease in their position. The disclosure for this sale can be found here. 11.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Gryphon Digital Mining

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd boosted its stake in shares of Gryphon Digital Mining, Inc. (NASDAQ:GRYP – Free Report) by 75.6% during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the period. XTX Topco Ltd owned approximately 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent filing with the SEC. Institutional investors and hedge funds own 10.21% of the company’s stock.

About Gryphon Digital Mining

(Get Free Report)

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.