Short Interest in Argo Blockchain plc (OTCMKTS:ARBKF) Rises By 30,100.0%

Argo Blockchain plc (OTCMKTS:ARBKF) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 60,400 shares, an increase of 30,100.0% from the October 31st total of 200 shares. Based on an average trading volume of 321,600 shares, the short-interest ratio is presently 0.2 days.

Argo Blockchain Price Performance

ARBKF opened at GBX 0.10 ($0.00) on Thursday. The company has a 50-day moving average of GBX 0.11 and a 200-day moving average of GBX 0.12. Argo Blockchain has a 1-year low of GBX 0.09 ($0.00) and a 1-year high of GBX 0.46 ($0.01). The company has a market capitalization of £467,082.00 and a P/E ratio of 0.05. The company has a debt-to-equity ratio of 29.16, a quick ratio of 0.40 and a current ratio of 1.84.

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.