Abits Group Inc. (NASDAQ:ABTS) Short Interest Update

Abits Group Inc. (NASDAQ:ABTS) was the recipient of a significant increase in short interest in October. As of October 31st, there was short interest totalling 477,100 shares, an increase of 81.8% from the October 15th total of 262,400 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 94,100 shares, the short-interest ratio is presently 5.1 days.

Abits Group Trading Down 18.2 %

NASDAQ:ABTS opened at $0.53 on Friday. Abits Group has a 1 year low of $0.38 and a 1 year high of $1.60. The firm has a 50 day moving average of $0.50 and a 200-day moving average of $0.55.

Abits Group Company Profile

Abits Group Inc operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Causeway Bay, Hong Kong.