Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) Sees Large Increase in Short Interest

Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) was the recipient of a large increase in short interest in January. As of January 31st, there was short interest totalling 5,694,000 shares, an increase of 15.3% from the January 15th total of 4,937,700 shares. Based on an average daily volume of 474,600 shares, the days-to-cover ratio is presently 12.0 days.

Galaxy Digital Price Performance

Shares of BRPHF opened at $19.45 on Monday. The business’s 50 day moving average price is $19.35 and its 200-day moving average price is $15.47. Galaxy Digital has a 52 week low of $6.89 and a 52 week high of $24.42.

Galaxy Digital Company Profile

Galaxy Digital Holdings Ltd. engages in the digital asset and blockchain businesses. It operates through three segments: Global Markets, Asset Management, and Digital Infrastructure Solutions. The company provides various financial products and services to individuals and institutions, such as digital asset trading, derivatives, structured products, financing, capital markets, and merger and acquisition services, digital asset spot and derivatives trading, bespoke lending and structured products.