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

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 240,300 shares, an increase of 77.1% from the February 28th total of 135,700 shares. Based on an average daily trading volume, of 72,100 shares, the short-interest ratio is currently 3.3 days. Currently, 0.1% of the company’s shares are short sold.

Argo Blockchain Stock Down 12.0 %

Shares of OTCMKTS:ARBKF opened at GBX 0.04 ($0.00) on Monday. The company has a market capitalization of £164,879.95 and a price-to-earnings ratio of 0.02. Argo Blockchain has a 1 year low of GBX 0.03 ($0.00) and a 1 year 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. The business’s 50-day moving average is GBX 0.05 and its 200-day moving average is GBX 0.08.

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.