BTC Digital Ltd. (NASDAQ:BTCTW) Short Interest Update

BTC Digital Ltd. (NASDAQ:BTCTW) was the target of a significant decrease in short interest in November. As of November 15th, there was short interest totalling 17,800 shares, a decrease of 69.0% from the October 31st total of 57,400 shares. Based on an average daily trading volume, of 101,100 shares, the days-to-cover ratio is currently 0.2 days.

BTC Digital Price Performance

NASDAQ:BTCTW traded up $0.01 during trading hours on Wednesday, hitting $0.08. 135,315 shares of the stock traded hands, compared to its average volume of 52,418. The stock has a 50 day moving average price of $0.03 and a 200 day moving average price of $0.03. BTC Digital has a 1 year low of $0.00 and a 1 year high of $0.18.

BTC Digital Company Profile

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.