BTC Digital Ltd. (NASDAQ:BTCT) Short Interest Down 87.7% in April

BTC Digital Ltd. (NASDAQ:BTCT) was the recipient of a large decrease in short interest in April. As of April 15th, there was short interest totalling 2,900 shares, a decrease of 87.7% from the March 31st total of 23,500 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average trading volume of 34,600 shares, the short-interest ratio is presently 0.1 days.

BTC Digital Stock Down 0.8 %

Shares of NASDAQ:BTCT traded down $0.02 during trading on Thursday, hitting $2.62. The stock had a trading volume of 10,804 shares, compared to its average volume of 47,520. BTC Digital has a 12 month low of $1.75 and a 12 month high of $6.06. The firm’s fifty day moving average is $3.31 and its 200 day moving average is $3.67.

About BTC Digital

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.