Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Decreases By 100.0%

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 170 shares, a decline of 100.0% from the December 15th total of 1,118,990 shares. Based on an average daily volume of 3,943,164 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the stock are sold short. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 3,943,164 shares, the days-to-cover ratio is presently 0.0 days.

Argo Blockchain Trading Down 11.4%

ARBKF traded down GBX 0 on Monday, hitting GBX 0. The company had a trading volume of 35,975 shares, compared to its average volume of 1,058,379. Argo Blockchain has a 12-month low of GBX 0 and a 12-month high of GBX 0.10. 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 business’s fifty day simple moving average is GBX 0.02 and its 200 day simple moving average is GBX 0.03. The company has a market cap of £14,479.54 and a PE ratio of 0.00.

Argo Blockchain Company Profile

Argo Blockchain plc (OTCMKTS: ARBKF) is a digital asset mining company headquartered in London. The firm specializes in the mining of Bitcoin and other blockchain-based tokens, leveraging specialist computing hardware to secure blockchain networks and validate transactions. Through its publicly traded status on the OTC Markets in the United States, Argo provides investors with exposure to cryptocurrency mining without direct ownership of digital tokens.

The company’s core activities include the deployment, operation and maintenance of high-performance mining rigs.