Short Interest in Bitcoin Group SE (OTCMKTS:BTGGF) Declines By 85.3%

Bitcoin Group SE (OTCMKTS:BTGGF) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 2,600 shares, a drop of 85.3% from the May 31st total of 17,700 shares. Based on an average daily volume of 500 shares, the short-interest ratio is currently 5.2 days.

Bitcoin Group Price Performance

BTGGF stock remained flat at $61.16 during mid-day trading on Friday. The company’s fifty day simple moving average is $61.60 and its 200 day simple moving average is $50.33. Bitcoin Group has a 12 month low of $19.50 and a 12 month high of $72.46.

About Bitcoin Group

Bitcoin Group SE, an investment holding company, engages in the cryptocurrency and blockchain businesses worldwide. The company operates a trading platform for the digital currency bitcoin under the Bitcoin.de. It also provides financial services. The company was founded in 2008 and is based in Herford, Germany.