Abits Group Inc. (NASDAQ:ABTS) Short Interest Up 6.9% in March

Abits Group Inc. (NASDAQ:ABTS) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totalling 284,600 shares, a growth of 6.9% from the March 15th total of 266,300 shares. Based on an average daily volume of 231,300 shares, the short-interest ratio is currently 1.2 days. Approximately 1.0% of the shares of the stock are short sold.

Abits Group Stock Down 5.4 %

ABTS stock opened at $0.73 on Thursday. The company’s fifty day simple moving average is $0.84. Abits Group has a fifty-two week low of $0.57 and a fifty-two week high of $1.80.

Abits Group Company Profile

Abits Group Inc, a digital company, engages in the provision of bitcoin mining and related services 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 Tsim Sha Tsui, Hong Kong.