DMG Blockchain Solutions Inc. (OTCMKTS:DMGGF) Sees Large Growth in Short Interest

DMG Blockchain Solutions Inc. (OTCMKTS:DMGGF) was the recipient of a large increase in short interest during the month of June. As of June 30th, there was short interest totaling 1,265,801 shares, an increase of 134.6% from the June 15th total of 539,457 shares. Based on an average daily volume of 1,653,974 shares, the days-to-cover ratio is currently 0.8 days.

DMG Blockchain Solutions Price Performance

Shares of DMG Blockchain Solutions stock traded up $0.01 on Tuesday, reaching $0.39. The stock had a trading volume of 81,666 shares, compared to its average volume of 435,980. DMG Blockchain Solutions has a fifty-two week low of $0.15 and a fifty-two week high of $0.52. The business’s 50-day moving average price is $0.33 and its two-hundred day moving average price is $0.24.

About DMG Blockchain Solutions

DMG Blockchain Solutions Inc operates as a blockchain and crypto-currency company in Canada. The company manages, operates, and develops digital solutions to monetize the blockchain ecosystem. It also offers transaction verification; co-location hosting; data center optimization, and infrastructure consulting services. In addition, the company provides infrastructure consulting in various fields, including location and power infrastructure review, air flow and cooling contact, high and low voltage power design and engineering, and facility power distribution design and engineering.