Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Up 2,001.0% in January

Argo Blockchain plc (OTCMKTS:ARBKF) saw a significant increase in short interest in the month of January. As of January 31st, there was short interest totalling 212,200 shares, an increase of 2,001.0% from the January 15th total of 10,100 shares. Based on an average daily volume of 194,900 shares, the short-interest ratio is currently 1.1 days.

Argo Blockchain Stock Performance

OTCMKTS:ARBKF opened at GBX 0.05 ($0.00) on Thursday. The company has a quick ratio of 0.40, a current ratio of 1.84 and a debt-to-equity ratio of 29.16. The company has a market cap of £242,882.64 and a P/E ratio of 0.02. Argo Blockchain has a fifty-two week low of GBX 0.04 ($0.00) and a fifty-two week high of GBX 0.29 ($0.00). The firm’s 50 day moving average is GBX 0.06 and its two-hundred day moving average is GBX 0.10.

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.