Ebang International Holdings Inc. (NASDAQ:EBON) Short Interest Update

Ebang International Holdings Inc. (NASDAQ:EBON) saw a large growth in short interest during the month of November. As of November 15th, there was short interest totalling 35,500 shares, a growth of 91.9% from the October 31st total of 18,500 shares. Based on an average daily volume of 38,000 shares, the short-interest ratio is presently 0.9 days. Currently, 0.7% of the company’s shares are sold short.

Ebang International Stock Performance

Shares of NASDAQ EBON traded up $1.34 during midday trading on Friday, reaching $8.79. 63,764 shares of the stock were exchanged, compared to its average volume of 31,909. The stock has a 50 day moving average price of $6.64 and a 200-day moving average price of $6.65. Ebang International has a 52-week low of $5.34 and a 52-week high of $18.94.

About Ebang International

Ebang International Holdings Inc, through its subsidiaries, engages in the research, design, and development of application-specific integrated circuit chips and manufacture of Bitcoin mining machines under the Ebit brand in Singapore, Hong Kong, Australia, the Bahamas, and internationally. It also provides mining machine hosting services; and engages in the development of proprietary cryptocurrency exchange platform.