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

Argo Blockchain plc (OTCMKTS:ARBKF) saw 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 trading volume of 56,000 shares, the short-interest ratio is presently 2.2 days.

Argo Blockchain Stock Performance

ARBKF stock opened at GBX 0.04 ($0.00) on Friday. 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 company has a market capitalization of £207,851.49 and a price-to-earnings ratio of 0.02. Argo Blockchain has a 12 month low of GBX 0.04 ($0.00) and a 12 month high of GBX 0.25 ($0.00). The firm has a 50 day moving average of GBX 0.05 and a two-hundred day moving average of GBX 0.09.

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.