Digihost Technology Inc. (NASDAQ:DGHI) Short Interest Update

Digihost Technology Inc. (NASDAQ:DGHI) was the recipient of a large decline in short interest during the month of November. As of November 30th, there was short interest totalling 151,600 shares, a decline of 7.6% from the November 15th total of 164,000 shares. Based on an average daily volume of 168,100 shares, the short-interest ratio is presently 0.9 days. Approximately 0.6% of the shares of the stock are sold short.

Analyst Ratings Changes

Separately, HC Wainwright reiterated a “buy” rating and set a $2.50 price objective on shares of Digihost Technology in a research report on Monday.

Institutional Trading of Digihost Technology

A hedge fund recently raised its stake in Digihost Technology stock. Jane Street Group LLC grew its holdings in shares of Digihost Technology Inc. (NASDAQ:DGHI) by 108.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,211 shares of the company’s stock after buying an additional 45,388 shares during the quarter. Jane Street Group LLC owned 0.26% of Digihost Technology worth $101,000 at the end of the most recent quarter. 1.93% of the stock is currently owned by institutional investors and hedge funds.

Digihost Technology Trading Down 1.1 %

Digihost Technology stock traded down $0.02 during trading on Tuesday, hitting $1.82. The company’s stock had a trading volume of 184,406 shares, compared to its average volume of 131,551. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.09 and a current ratio of 1.09. The stock has a market capitalization of $60.08 million, a price-to-earnings ratio of -3.41 and a beta of 5.25. The stock’s fifty day moving average is $1.67 and its 200 day moving average is $1.41. Digihost Technology has a 1-year low of $0.84 and a 1-year high of $2.54.

About Digihost Technology

Digihost Technology Inc operates as a blockchain technology company in the United States and Canada. The company operates through Cryptocurrency Mining, Sales of Energy, and Colocation Services segments. It also mines for cryptocurrency; and supplies energy from power plants. Digihost Technology Inc was incorporated in 2017 and is headquartered in Houston, Texas.