Abits Group Inc. (NASDAQ:ABTS) Short Interest Up 27.3% in March

Abits Group Inc. (NASDAQ:ABTSGet Free Report) saw a large growth in short interest in March. As of March 15th, there was short interest totalling 28,900 shares, a growth of 27.3% from the February 28th total of 22,700 shares. Based on an average daily trading volume, of 21,100 shares, the short-interest ratio is currently 1.4 days. Currently, 1.5% of the shares of the stock are short sold.

Abits Group Stock Performance

Shares of ABTS stock opened at $2.89 on Tuesday. Abits Group has a twelve month low of $2.92 and a twelve month high of $14.10. The business has a fifty day simple moving average of $5.59 and a 200 day simple moving average of $7.12.

About Abits Group

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Abits Group Inc operates in the bitcoin mining business in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc in November 2023. Abits Group Inc was incorporated in 2021 and is based in Causeway Bay, Hong Kong.

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