Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Down 25.0% in May

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a large drop in short interest in May. As of May 31st, there was short interest totalling 10,200 shares, a drop of 25.0% from the May 15th total of 13,600 shares. Based on an average trading volume of 60,200 shares, the short-interest ratio is currently 0.2 days.

Argo Blockchain Stock Down 5.5 %

OTCMKTS:ARBKF traded down GBX 0.01 ($0.00) during trading hours on Friday, hitting GBX 0.13 ($0.00). 62,303 shares of the company traded hands, compared to its average volume of 95,734. 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 firm’s 50-day simple moving average is GBX 0.14 and its 200-day simple moving average is GBX 0.19. Argo Blockchain has a one year low of GBX 0.08 ($0.00) and a one year high of GBX 0.46 ($0.01). The company has a market cap of £591,283.77 and a PE ratio of 0.06.

Argo Blockchain Company Profile

Argo Blockchain plc, together with its subsidiaries, engages in the bitcoin and other cryptocurrencies mining business worldwide. It engages in mining purpose-built computers for complex cryptographic algorithms. The company was formerly known as GoSun Blockchain Limited and changed its name to Argo Blockchain plc in December 2017.