Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Sees Large Increase in Short Interest

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) was the target of a significant growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,700 shares, a growth of 183.3% from the December 31st total of 600 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is presently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Performance

Shares of NASDAQ:ARBKL traded up $0.10 during mid-day trading on Friday, reaching $7.60. The stock had a trading volume of 4,909 shares, compared to its average volume of 9,945. The firm has a 50 day simple moving average of $7.28 and a two-hundred day simple moving average of $8.83. Argo Blockchain plc 8.75% Senior Notes due 2026 has a twelve month low of $5.53 and a twelve month high of $10.89.

Argo Blockchain plc 8.75% Senior Notes due 2026 Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were issued a $0.5468 dividend. The ex-dividend date was Wednesday, January 15th. This represents a $2.19 annualized dividend and a yield of 28.78%.

About Argo Blockchain plc 8.75% Senior Notes due 2026

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