Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Sees Significant Decrease in Short Interest

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKLGet Free Report) saw a large decrease in short interest during the month of October. As of October 15th, there was short interest totalling 700 shares, a decrease of 46.2% from the September 30th total of 1,300 shares. Based on an average daily trading volume, of 0 shares, the days-to-cover ratio is currently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Stock Performance

Shares of ARBKL stock traded down $0.01 during trading hours on Friday, reaching $9.64. 2,585 shares of the company’s stock were exchanged, compared to its average volume of 12,570. The company’s 50 day moving average is $9.86 and its two-hundred day moving average is $9.31. Argo Blockchain plc 8.75% Senior Notes due 2026 has a 1 year low of $6.25 and a 1 year high of $12.50.

Argo Blockchain plc 8.75% Senior Notes due 2026 Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Tuesday, October 15th will be issued a $2.1875 dividend. The ex-dividend date of this dividend is Tuesday, October 15th. This represents a $8.75 dividend on an annualized basis and a dividend yield of 90.77%.

Argo Blockchain plc 8.75% Senior Notes due 2026 Company Profile

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