Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Up 77.1% in March

Argo Blockchain plc (OTCMKTS:ARBKF) was the recipient of a large growth in short interest in 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. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 72,100 shares, the short-interest ratio is currently 3.3 days.

Argo Blockchain Price Performance

Shares of OTCMKTS ARBKF opened at GBX 0.04 ($0.00) on Friday. The firm has a market capitalization of £164,879.95 and a P/E ratio of 0.02. 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 stock’s 50-day simple moving average is GBX 0.05 and its two-hundred day simple moving average is GBX 0.08. Argo Blockchain has a twelve month low of GBX 0.03 ($0.00) and a twelve month high of GBX 0.19 ($0.00).

About Argo Blockchain

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.