Bitcoin Depot Inc. (NASDAQ:BTMWW) Short Interest Down 30.4% in May

Bitcoin Depot Inc. (NASDAQ:BTMWW) was the recipient of a large drop in short interest during the month of May. As of May 31st, there was short interest totalling 3,900 shares, a drop of 30.4% from the May 15th total of 5,600 shares. Based on an average daily trading volume, of 38,000 shares, the short-interest ratio is currently 0.1 days.

Bitcoin Depot Stock Performance

Shares of Bitcoin Depot stock remained flat at $0.07 on Friday. The stock had a trading volume of 48,620 shares, compared to its average volume of 50,322. Bitcoin Depot has a fifty-two week low of $0.06 and a fifty-two week high of $0.34. The business has a 50-day moving average price of $0.08 and a 200 day moving average price of $0.10.

Bitcoin Depot Company Profile

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.