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

Ebang International Holdings Inc. (NASDAQ:EBON) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 35,500 shares, a growth of 91.9% from the October 31st total of 18,500 shares. Approximately 0.7% of the company’s shares are sold short. Based on an average trading volume of 38,000 shares, the days-to-cover ratio is currently 0.9 days.

Ebang International Trading Up 18.0 %

EBON stock traded up $1.34 during midday trading on Friday, reaching $8.79. 63,764 shares of the company traded hands, compared to its average volume of 31,909. Ebang International has a 52-week low of $5.34 and a 52-week high of $18.94. The business has a 50 day moving average of $6.64 and a 200-day moving average of $6.65.

Ebang International Company Profile

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.