Bitcoin Group SE (OTCMKTS:BTGGF) Sees Large Increase in Short Interest

Bitcoin Group SE (OTCMKTS:BTGGF) was the target of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 14,400 shares, an increase of 56.5% from the March 31st total of 9,200 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 144.0 days.

Bitcoin Group Stock Performance

Shares of Bitcoin Group stock opened at $58.40 on Monday. The business has a fifty day simple moving average of $52.16 and a 200-day simple moving average of $38.51. Bitcoin Group has a fifty-two week low of $19.50 and a fifty-two week high of $59.76.

Bitcoin Group Company Profile

Bitcoin Group SE, an investment holding company, engages in the cryptocurrency and blockchain businesses worldwide. The company operates a trading platform for the digital currency bitcoin under the Bitcoin.de. It also provides financial services. The company was founded in 2008 and is based in Herford, Germany.