BTC Digital Ltd. (NASDAQ:BTCTW) Short Interest Down 69.0% in November

BTC Digital Ltd. (NASDAQ:BTCTW) saw a significant decline in short interest during the month of November. As of November 15th, there was short interest totalling 17,800 shares, a decline of 69.0% from the October 31st total of 57,400 shares. Based on an average daily volume of 101,100 shares, the short-interest ratio is currently 0.2 days.

BTC Digital Price Performance

BTC Digital stock traded up $0.01 during mid-day trading on Wednesday, reaching $0.08. 135,315 shares of the company’s stock traded hands, compared to its average volume of 52,418. BTC Digital has a 12-month low of $0.00 and a 12-month high of $0.18. The stock has a 50 day moving average of $0.03 and a two-hundred day moving average of $0.03.

About BTC Digital

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.