Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Grows By 77.1%

Argo Blockchain plc (OTCMKTS:ARBKF) saw a large growth in short interest during the month of March. As of March 15th, there was short interest totalling 240,300 shares, a growth of 77.1% from the February 28th total of 135,700 shares. Based on an average daily volume of 72,100 shares, the short-interest ratio is presently 3.3 days. Approximately 0.1% of the shares of the stock are sold short.

Argo Blockchain Stock Down 12.0 %

ARBKF stock opened at GBX 0.04 ($0.00) on Monday. The firm has a 50 day simple moving average of GBX 0.05 and a 200 day simple moving average of GBX 0.08. The firm has a market cap of £164,879.95 and a PE ratio of 0.02. Argo Blockchain has a 12 month low of GBX 0.03 ($0.00) and a 12 month high of GBX 0.19 ($0.00). 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 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.