Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant decrease in short interest during the month of November. As of November 15th, there was short interest totalling 751,700 shares, a decrease of 71.6% from the October 31st total of 2,644,100 shares. Based on an average daily volume of 1,436,800 shares, the short-interest ratio is currently 0.5 days.
ARBKF stock opened at GBX 1.79 ($0.02) on Friday. Argo Blockchain has a 12 month low of GBX 0.17 ($0.00) and a 12 month high of GBX 4.65 ($0.06). The firm has a market cap of £8.37 million and a PE ratio of 0.81. The firm has a 50 day simple moving average of GBX 1.78 and a 200 day simple moving average of GBX 44.08. The company has a debt-to-equity ratio of 29.16, a current ratio of 1.84 and a quick ratio of 0.40.
Argo Blockchain Company Profile
Argo Blockchain plc, together with its subsidiary, Argo Blockchain Canada Holdings Inc, engages in the crypto asset mining services worldwide. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017. The company was incorporated in 2017 and is headquartered in London, the United Kingdom.
See Also: What is a Buy-Side Analyst?