Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Update

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a large growth in short interest during the month of April. As of April 15th, there was short interest totalling 17,600 shares, a growth of 12.1% from the March 31st total of 15,700 shares. Based on an average trading volume of 69,500 shares, the days-to-cover ratio is currently 0.3 days.

Argo Blockchain Price Performance

Argo Blockchain stock opened at GBX 0.14 ($0.00) on Monday. The firm has a 50-day moving average price of GBX 0.17 and a 200-day moving average price of GBX 0.18. The firm has a market capitalization of £659,052.70 and a PE ratio of 0.06. The company has a current ratio of 1.84, a quick ratio of 0.40 and a debt-to-equity ratio of 29.16. Argo Blockchain has a 12-month low of GBX 0.08 ($0.00) and a 12-month high of GBX 0.46 ($0.01).

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.