Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Down 41.7% in February

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 123,800 shares, a decline of 41.7% from the January 31st total of 212,200 shares. Based on an average daily volume of 56,000 shares, the short-interest ratio is currently 2.2 days.

Argo Blockchain Stock Performance

Shares of ARBKF opened at GBX 0.04 ($0.00) on Friday. The company’s 50 day moving average price is GBX 0.05 and its 200 day moving average price is GBX 0.09. Argo Blockchain has a 52 week low of GBX 0.04 ($0.00) and a 52 week high of GBX 0.25 ($0.00). The company has a market capitalization of £207,851.49 and a PE ratio of 0.02. The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84.

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.