Short Interest in Bitcoin Depot Inc. (NASDAQ:BTMWW) Declines By 82.7%

Bitcoin Depot Inc. (NASDAQ:BTMWW) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 3,000 shares, a decline of 82.7% from the October 15th total of 17,300 shares. Based on an average daily trading volume, of 89,900 shares, the short-interest ratio is currently 0.0 days.

Bitcoin Depot Price Performance

Shares of BTMWW stock traded down $0.01 during mid-day trading on Wednesday, hitting $0.09. The company had a trading volume of 224,097 shares, compared to its average volume of 69,691. Bitcoin Depot has a 52-week low of $0.03 and a 52-week high of $0.18. The stock’s 50 day moving average price is $0.05 and its 200-day moving average price is $0.06.

Bitcoin Depot Company Profile

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade.