Short Interest in Bitcoin Depot Inc. (NASDAQ:BTMWW) Declines By 83.5%

Bitcoin Depot Inc. (NASDAQ:BTMWW) was the target of a significant decline in short interest during the month of April. As of April 15th, there was short interest totalling 1,600 shares, a decline of 83.5% from the March 31st total of 9,700 shares. Based on an average trading volume of 45,800 shares, the days-to-cover ratio is currently 0.0 days.

Bitcoin Depot Price Performance

Shares of NASDAQ:BTMWW traded up $0.01 during midday trading on Thursday, reaching $0.09. The company had a trading volume of 5,203 shares, compared to its average volume of 63,896. The business’s 50 day moving average price is $0.10 and its 200 day moving average price is $0.12. Bitcoin Depot has a 1-year low of $0.06 and a 1-year high of $0.34.

About Bitcoin Depot

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade.