Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Short Interest Update

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) saw a large decrease in short interest during the month of February. As of February 28th, there was short interest totalling 1,130,000 shares, a decrease of 13.1% from the February 13th total of 1,300,000 shares. Based on an average trading volume of 2,700,000 shares, the days-to-cover ratio is currently 0.4 days. Currently, 2.5% of the shares of the stock are short sold.

Gryphon Digital Mining Stock Up 4.7 %

Shares of Gryphon Digital Mining stock traded up $0.01 on Thursday, reaching $0.20. 24,263 shares of the company were exchanged, compared to its average volume of 1,044,358. Gryphon Digital Mining has a fifty-two week low of $0.18 and a fifty-two week high of $1.89. The stock has a fifty day moving average price of $0.31 and a 200-day moving average price of $0.48.

Insider Buying and Selling at Gryphon Digital Mining

In related news, Director Brittany Kaiser sold 604,581 shares of the business’s stock in a transaction that occurred on Wednesday, January 8th. The shares were sold at an average price of $0.35, for a total value of $211,603.35. Following the sale, the director now directly owns 604,581 shares in the company, valued at $211,603.35. The trade was a 50.00 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Peter Eric Gallie bought 145,236 shares of Gryphon Digital Mining stock in a transaction that occurred on Monday, January 13th. The shares were acquired at an average price of $0.39 per share, with a total value of $56,642.04. Following the completion of the acquisition, the senior vice president now directly owns 145,236 shares of the company’s stock, valued at $56,642.04. This represents a ∞ increase in their position. The disclosure for this purchase can be found here. 11.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Gryphon Digital Mining

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd lifted its position in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 40,169 shares of the company’s stock after acquiring an additional 17,296 shares during the period. XTX Topco Ltd owned about 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent SEC filing. 10.21% of the stock is owned by institutional investors.

Gryphon Digital Mining Company Profile

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.