Bgin Blockchain Limited (NASDAQ:BGIN) Shares Shorted: Short Interest Down 39.8% in September

Bgin Blockchain Limited (NASDAQ:BGIN – Get Free Report) was the target of a significant drop in short interest during the month of September. As of September 15th, there was short interest totaling 9,434 shares, a drop of 39.8% from the August 31st total of 15,661 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily trading volume, of 9,498 shares, the short-interest ratio is currently 1.0 days.

Wall Street Analyst Weigh In

Separately, Weiss Ratings raised shares of Bgin Blockchain from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, September 18th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has an average rating of “Sell”.

Check Out Our Latest Stock Report on BGIN

Bgin Blockchain Trading Down 2.5%

NASDAQ BGIN opened at $2.33 on Friday. The stock has a 50-day simple moving average of $1.95 and a two-hundred day simple moving average of $2.47. Bgin Blockchain has a fifty-two week low of $1.61 and a fifty-two week high of $6.50.

Bgin Blockchain (NASDAQ:BGIN – Get Free Report) last announced its quarterly earnings results on Friday, August 14th. The company reported ($0.12) earnings per share for the quarter. The company had revenue of $3.69 million during the quarter.

Bgin Blockchain Company Profile

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