Ebang International Holdings Inc. (NASDAQ:EBON) Short Interest Update

Ebang International Holdings Inc. (NASDAQ:EBON) saw a significant decline in short interest in December. As of December 31st, there was short interest totalling 12,300 shares, a decline of 38.5% from the December 15th total of 20,000 shares. Currently, 0.3% of the shares of the stock are short sold. Based on an average daily trading volume, of 57,200 shares, the short-interest ratio is currently 0.2 days.

Ebang International Price Performance

Shares of NASDAQ:EBON traded up $0.26 during mid-day trading on Tuesday, reaching $5.98. The stock had a trading volume of 12,856 shares, compared to its average volume of 30,957. Ebang International has a 1 year low of $5.34 and a 1 year high of $14.19. The business’s 50 day moving average price is $7.23 and its 200 day moving average price is $6.46.

About Ebang International

Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform.