BlockchAIn Digital Infrastructure, Inc (NYSEAMERICAN:AIB) Short Interest Down 35.0% in May

BlockchAIn Digital Infrastructure, Inc (NYSEAMERICAN:AIB) saw a large decline in short interest in May. As of May 29th, there was short interest totaling 317,217 shares, a decline of 35.0% from the May 14th total of 488,327 shares. Based on an average daily volume of 1,383,685 shares, the short-interest ratio is presently 0.2 days. Approximately 2.7% of the shares of the stock are short sold.

BlockchAIn Digital Infrastructure Stock Performance

NYSEAMERICAN AIB traded down $0.05 on Tuesday, reaching $1.83. The company had a trading volume of 687,205 shares, compared to its average volume of 2,568,624. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.42 and a current ratio of 0.42. The stock’s 50 day moving average is $1.79. BlockchAIn Digital Infrastructure has a 12 month low of $0.90 and a 12 month high of $6.28.

BlockchAIn Digital Infrastructure (NYSEAMERICAN:AIB) last issued its quarterly earnings data on Friday, May 15th. The company reported ($0.01) earnings per share for the quarter. The firm had revenue of $4.91 million for the quarter. BlockchAIn Digital Infrastructure had a negative net margin of 8.44% and a negative return on equity of 18.08%.

About BlockchAIn Digital Infrastructure

BlockchAIn Digital Infrastructure Inc is engaged in the digital infrastructure business, providing data center operations and high-performance computing services. The company offers power infrastructure, hosting services, and equipment leasing to customers involved in blockchain computing, artificial intelligence, and high-performance data processing. Its operations include leasing space, power capacity, and equipment within data center facilities, as well as offering modular digital asset mining containers and related hardware and support services.