Short Interest in Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Rises By 183.3%

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

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Performance

Shares of ARBKL stock traded down $0.03 during trading on Friday, reaching $7.47. 1,544 shares of the company’s stock traded hands, compared to its average volume of 9,740. The firm’s 50-day moving average is $7.30 and its 200 day moving average is $8.84. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 1 year low of $5.53 and a 1 year high of $10.89.

Argo Blockchain plc 8.75% Senior Notes due 2026 Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Wednesday, January 15th will be paid a dividend of $0.5468 per share. This represents a $2.19 dividend on an annualized basis and a dividend yield of 29.30%. The ex-dividend date of this dividend is Wednesday, January 15th.

About Argo Blockchain plc 8.75% Senior Notes due 2026

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