Short Interest in Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKL) Declines By 72.7%

Argo Blockchain plc 8.75% Senior Notes due 2026 (NASDAQ:ARBKLGet Free Report) saw a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 300 shares, a drop of 72.7% from the July 31st total of 1,100 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.

Argo Blockchain plc 8.75% Senior Notes due 2026 Price Performance

Shares of Argo Blockchain plc 8.75% Senior Notes due 2026 stock traded down $0.14 during trading on Tuesday, hitting $9.85. 5,480 shares of the company’s stock traded hands, compared to its average volume of 12,725. The firm’s fifty day moving average price is $9.47 and its 200 day moving average price is $9.05. Argo Blockchain plc 8.75% Senior Notes due 2026 has a twelve month low of $6.00 and a twelve month high of $12.50.

Argo Blockchain plc 8.75% Senior Notes due 2026 Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 31st. Stockholders of record on Monday, July 15th were given a dividend of $0.5468 per share. The ex-dividend date was Monday, July 15th. This represents a $2.19 annualized dividend and a dividend yield of 22.21%.

Argo Blockchain plc 8.75% Senior Notes due 2026 Company Profile

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