Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) Short Interest Up 195.5% in January

Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHFGet Free Report) was the recipient of a large increase in short interest during the month of January. As of January 15th, there was short interest totalling 2,528,800 shares, an increase of 195.5% from the December 31st total of 855,900 shares. Based on an average daily trading volume, of 371,800 shares, the short-interest ratio is currently 6.8 days.

Galaxy Digital Stock Up 17.1 %

BRPHF traded up $1.06 during trading on Friday, hitting $7.25. The company’s stock had a trading volume of 321,380 shares, compared to its average volume of 236,516. Galaxy Digital has a one year low of $2.60 and a one year high of $9.32. The business’s 50 day simple moving average is $7.00 and its 200-day simple moving average is $5.18.

About Galaxy Digital

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Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.

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