Digihost Technology Inc. (NASDAQ:DGHI) Short Interest Update

Digihost Technology Inc. (NASDAQ:DGHI) was the recipient of a significant decline in short interest during the month of March. As of March 15th, there was short interest totalling 45,100 shares, a decline of 69.2% from the February 29th total of 146,400 shares. Based on an average trading volume of 243,900 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are sold short.

Digihost Technology Price Performance

Shares of Digihost Technology stock traded up $0.10 during midday trading on Thursday, reaching $1.46. 209,058 shares of the company’s stock traded hands, compared to its average volume of 175,882. Digihost Technology has a 52 week low of $0.82 and a 52 week high of $2.54. The company’s 50 day simple moving average is $1.64 and its 200 day simple moving average is $1.47. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 0.02.

Hedge Funds Weigh In On Digihost Technology

Several institutional investors have recently bought and sold shares of DGHI. Vima LLC acquired a new position in shares of Digihost Technology during the 4th quarter valued at about $71,000. Virtu Financial LLC acquired a new position in Digihost Technology during the fourth quarter valued at approximately $46,000. Vident Advisory LLC raised its position in shares of Digihost Technology by 186.2% in the fourth quarter. Vident Advisory LLC now owns 410,430 shares of the company’s stock valued at $940,000 after purchasing an additional 267,034 shares during the period. Citadel Advisors LLC bought a new position in shares of Digihost Technology in the second quarter valued at approximately $46,000. Finally, Renaissance Technologies LLC acquired a new stake in shares of Digihost Technology in the second quarter worth $49,000. 1.93% of the stock is currently owned by institutional investors.

Digihost Technology Company Profile

Digihost Technology Inc operates as a blockchain technology company focuses on the blockchain industry in the United States. The company mines for cryptocurrency. Digihost Technology Inc was incorporated in 2017 and is headquartered in Houston, Texas.