Abits Group Inc. (NASDAQ:ABTS) Short Interest Update

Abits Group Inc. (NASDAQ:ABTS) saw a significant decline in short interest in November. As of November 30th, there was short interest totalling 307,200 shares, a decline of 12.8% from the November 15th total of 352,100 shares. Approximately 1.1% of the shares of the stock are short sold. Based on an average trading volume of 121,200 shares, the short-interest ratio is presently 2.5 days.

Abits Group Price Performance

ABTS opened at $0.52 on Tuesday. The business’s fifty day simple moving average is $0.55 and its 200 day simple moving average is $0.53. Abits Group has a 52 week low of $0.38 and a 52 week high of $1.60.

About Abits Group

Abits Group Inc operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Causeway Bay, Hong Kong.