Argo Blockchain plc (OTCMKTS:ARBKF) Short Interest Down 39.4% in September

Argo Blockchain plc (OTCMKTS:ARBKF) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 17,400 shares, a drop of 39.4% from the September 15th total of 28,700 shares. Based on an average daily volume of 132,300 shares, the days-to-cover ratio is presently 0.1 days. Based on an average daily volume of 132,300 shares, the days-to-cover ratio is presently 0.1 days.

Argo Blockchain Stock Down 9.2%

OTCMKTS:ARBKF opened at GBX 0.05 on Thursday. Argo Blockchain has a twelve month low of GBX 0.01 and a twelve month high of GBX 0.15. The company has a market cap of £212,055.23 and a price-to-earnings ratio of 0.02. The stock has a fifty day simple moving average of GBX 0.04 and a 200-day simple moving average of GBX 0.04. The company has a current ratio of 1.84, a quick ratio of 0.40 and a debt-to-equity ratio of 29.16.

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.