Gryphon Digital Mining, Inc. (NASDAQ:GRYP) Short Interest Update

Gryphon Digital Mining, Inc. (NASDAQ:GRYP) was the target of a large decline in short interest in January. As of January 15th, there was short interest totalling 640,500 shares, a decline of 5.1% from the December 31st total of 675,100 shares. Currently, 2.3% of the company’s stock are short sold. Based on an average daily volume of 2,330,000 shares, the short-interest ratio is currently 0.3 days.

Gryphon Digital Mining Stock Down 3.9 %

NASDAQ GRYP opened at $0.32 on Friday. Gryphon Digital Mining has a 12-month low of $0.28 and a 12-month high of $8.43. The firm’s fifty day simple moving average is $0.48 and its two-hundred day simple moving average is $0.61.

Insider Buying and Selling at Gryphon Digital Mining

In related news, SVP Peter Eric Gallie purchased 145,236 shares of the business’s stock in a transaction dated Monday, January 13th. The shares were acquired at an average cost of $0.39 per share, for a total transaction of $56,642.04. Following the acquisition, the senior vice president now owns 145,236 shares of the company’s stock, valued at $56,642.04. The trade was a ∞ increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Brittany Kaiser sold 604,581 shares of the company’s stock in a transaction on Wednesday, January 8th. The stock was sold at an average price of $0.35, for a total value of $211,603.35. Following the sale, the director now owns 604,581 shares of the company’s stock, valued at $211,603.35. This trade represents a 50.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 11.70% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Gryphon Digital Mining stock. XTX Topco Ltd boosted its position in Gryphon Digital Mining, Inc. (NASDAQ:GRYP) by 75.6% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,169 shares of the company’s stock after buying an additional 17,296 shares during the period. XTX Topco Ltd owned approximately 0.10% of Gryphon Digital Mining worth $27,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors own 10.21% of the company’s stock.

Gryphon Digital Mining Company Profile

Gryphon Digital Mining, Inc operates as a bitcoin mining company in the United States. It operates mining computers and ESG-led mining. The company was founded in 2020 and is based in Las Vegas, Nevada.