Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Sees Large Drop in Short Interest

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 600 shares, a decline of 83.3% from the December 31st total of 3,600 shares. Based on an average trading volume of 0 shares, the short-interest ratio is currently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Trading Down 0.7 %

Shares of NASDAQ:ARBKL traded down $0.05 during trading on Tuesday, hitting $7.15. 924 shares of the company’s stock traded hands, compared to its average volume of 11,199. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 52 week low of $5.53 and a 52 week high of $10.89. The company has a 50-day moving average price of $7.39 and a 200-day moving average price of $8.89.

Argo Blockchain plc 8.75% Senior Notes due 2026 Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Stockholders of record on Wednesday, January 15th will be issued a dividend of $0.5468 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 30.59%. The ex-dividend date is Wednesday, January 15th.

About Argo Blockchain plc 8.75% Senior Notes due 2026

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