Short Interest in Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) Decreases By 13.2%

Galaxy Digital Holdings Ltd. (OTCMKTS:BRPHF) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totalling 1,830,800 shares, a decrease of 13.2% from the August 15th total of 2,109,000 shares. Based on an average daily volume of 134,900 shares, the days-to-cover ratio is presently 13.6 days.

Galaxy Digital Stock Performance

OTCMKTS BRPHF traded up $0.08 during trading hours on Monday, hitting $10.69. 75,600 shares of the company’s stock were exchanged, compared to its average volume of 153,737. The business’s 50 day moving average is $11.12 and its 200-day moving average is $10.58. Galaxy Digital has a 12-month low of $3.28 and a 12-month high of $14.01.

Galaxy Digital Company Profile

Galaxy Digital Holdings Ltd., an asset management firm, operates in the digital asset, cryptocurrency, and blockchain technology industry. It operates through five segments: Trading, Principal Investments, Asset Management, Investment Banking, and Mining. The company provides spot and derivative executions, and liquidity to institutional clients, counterparties, and venues that transact in cryptocurrencies; and offers access to traded cryptocurrencies to clients and counterparties across a suite of service offerings, including over-the-counter (OTC) spot liquidity provision, on- exchange liquidity provision, OTC options and trading, and bespoke lending and structured products, as well as engages in the proprietary quantitative, arbitrage, and macro trading strategies.