BTC Digital Ltd. (NASDAQ:BTCTW) Short Interest Update

BTC Digital Ltd. (NASDAQ:BTCTW) was the recipient of a large increase in short interest in the month of December. As of December 31st, there was short interest totalling 4,300 shares, an increase of 4,200.0% from the December 15th total of 100 shares. Based on an average daily volume of 128,000 shares, the days-to-cover ratio is currently 0.0 days.

BTC Digital Stock Performance

BTCTW opened at $0.04 on Wednesday. The business has a fifty day moving average of $0.05 and a 200 day moving average of $0.03. BTC Digital has a 52-week low of $0.01 and a 52-week high of $0.18.

BTC Digital Company Profile

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.